T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND
Rhea-AI Summary
T. Rowe Price Group (NASDAQ-GS: TROW) has announced a quarterly dividend increase to $1.27 per share, up 2.42% from the previous $1.24 per share. The dividend will be payable on March 28, 2025, to stockholders of record as of March 14, 2025. This marks the company's 39th consecutive year of increasing its regular annual dividend since its initial public offering, demonstrating a consistent track record of returning value to shareholders.
Positive
- 2.42% increase in quarterly dividend from $1.24 to $1.27 per share
- 39 consecutive years of annual dividend increases since IPO
- Maintains strong dividend growth track record
Negative
- None.
ABOUT T. ROWE PRICE
Founded in 1937, T. Rowe Price (NASDAQ-GS: TROW) helps individuals and institutions around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Clients rely on the award-winning firm for its retirement expertise and active management of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price serves millions of clients globally and manages
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SOURCE T. Rowe Price Group