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Allegion Raises Quarterly Dividend by 19%, Launches $800 Million Share Repurchase Program

6:12AM ET 2/07/2020 MT Newswires
Allegion (ALLE) said Thursday that its board has approved a quarterly cash dividend of $0.32 per share, a 19% increase from the previous quarter, payable on March 31 to shareholders of record on March 17.

The board also authorized the company to repurchase up to $800 million of its shares.

Price: 132.41, Change: -0.87, Percent Change: -0.65