T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND

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.

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.

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BALTIMORE, Feb. 11, 2025 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), announced today that its Board of Directors has declared a quarterly dividend of $1.27 per share payable March 28, 2025, to stockholders of record as of the close of business on March 14, 2025. The quarterly dividend rate represents a 2.42% increase over the previous quarterly dividend rate of $1.24 per share. This will mark the 39th consecutive year since the firm's initial public offering that the company will have increased its regular annual dividend.

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 $1.61 trillion in assets under management as of December 31, 2024. About two-thirds of the assets under management are retirement-related. News and other updates can be found on Facebook, Instagram, LinkedIn, X, YouTube, and troweprice.com/newsroom.

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SOURCE T. Rowe Price Group

FAQ

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What is T. Rowe Price's new quarterly dividend for 2025?

T. Rowe Price's new quarterly dividend is $1.27 per share, representing a 2.42% increase from the previous $1.24 per share.

When will TROW's latest quarterly dividend be paid?

The quarterly dividend will be paid on March 28, 2025, to stockholders of record as of March 14, 2025.

How long has TROW been increasing its annual dividend?

T. Rowe Price has increased its regular annual dividend for 39 consecutive years since its initial public offering.

What is the percentage increase in TROW's quarterly dividend for 2025?

T. Rowe Price's quarterly dividend increased by 2.42%, from $1.24 to $1.27 per share.

What is the record date for TROW's March 2025 dividend?

The record date for T. Rowe Price's March 2025 dividend is March 14, 2025.