Allegion (ALLE) will start paying a quarterly dividend of $0.08 per share in the first quarter of 2014. The first dividend by the security products company will be paid on March 31, 2014 to shareholders of record on March 17, 2014.

Allegion PLC provides mechanical and electronic security products, services, and systems. Focusing on security around the door and adjacent areas, Allegion produces a range of solutions for homes, businesses, schools and other institutions. Its products include residential and commercial locks, door closer and exit devices, steel doors and frames to access control and workforce productivity systems. The company's brands include  CISA, Interflex, LCN, Schlage, SimonsVoss and Von Duprin.