Allegion shows strong dividend growth and solid financial health as a global security product provider.

Allegion, an American company domiciled in Ireland, provides security products worldwide for homes and businesses. It has demonstrated a strong 10-year dividend growth rate of 17.7%, with recent increases around 8%. The company maintains a solid financial position, with a long-term debt-to-equity ratio of 1 and an interest coverage ratio close to 9, indicating good debt management and financial stability. Founded in 1908 and spun out from Ingersoll Rand, Allegion remains a notable player in the security industry with a focus on dividend growth investing.