T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

T. Rowe Price Group, Inc. (TROW) announced a quarterly dividend of $1.20 per share, payable on September 29, 2022, to shareholders recorded by September 15, 2022. This dividend reflects the company's ongoing commitment to returning value to its shareholders. As of June 30, 2022, T. Rowe Price managed $1.31 trillion in assets, showcasing its substantial scale and investment management expertise.

AI-generated analysis. Not financial advice.

Positive

• Quarterly dividend of $1.20 per share enhances shareholder returns.

Negative

• None.

News Market Reaction – TROW

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-0.04% News Effect

On the day this news was published, TROW declined 0.04%, reflecting a mild negative market reaction.

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BALTIMORE, Aug. 1, 2022 /PRNewswire/ --

News

T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $1.20 per share payable on September ­­29, 2022 to stockholders of record as of the close of business on September 15, 2022.

ABOUT T. ROWE PRICE

Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. (troweprice.com), is a global investment management organization with $1.31 trillion in assets under management as of June 30, 2022. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers sophisticated investment planning and guidance tools. T. Rowe Price's disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.

View original content:https://www.prnewswire.com/news-releases/t-rowe-price-group-declares-quarterly-dividend-301597215.html

SOURCE T. Rowe Price Group, Inc.

FAQ

What is the dividend amount declared by T. Rowe Price Group for September 2022?

T. Rowe Price Group declared a dividend of $1.20 per share for September 2022.

When will the dividend be paid to shareholders of T. Rowe Price Group?

The dividend will be paid on September 29, 2022.

What is the record date for T. Rowe Price Group's September 2022 dividend?

The record date for the dividend is September 15, 2022.

How much assets does T. Rowe Price manage as of June 30, 2022?

T. Rowe Price manages $1.31 trillion in assets as of June 30, 2022.