T. Rowe Price Group Declares Quarterly Dividend

(Neutral)

Rhea-AI Summary

T. Rowe Price Group announced a quarterly dividend of $1.08 per share, payable on September 29, 2021. This dividend is designated for stockholders of record as of September 15, 2021. As of June 30, 2021, T. Rowe Price managed $1.62 trillion in assets, emphasizing a disciplined investment strategy focused on diversification and fundamental research.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

Quarterly dividend of $1.08 per share declared.
Total assets under management reached $1.62 trillion as of June 30, 2021.

Negative

None.

News Market Reaction – TROW

+1.66%

+1.66% News Effect

On the day this news was published, TROW gained 1.66%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

08/02/2021 - 04:26 PM

BALTIMORE, Aug. 2, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $1.08 per share payable on September 29, 2021 to stockholders of record as of the close of business on September 15, 2021.

ABOUT T. ROWE PRICE
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. (troweprice.com), is a global investment management organization with $1.62 trillion in assets under management as of June 30, 2021. 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-301346405.html

SOURCE T. Rowe Price Group, Inc.

FAQ

What is the dividend amount declared by TROW?

T. Rowe Price declared a quarterly dividend of $1.08 per share.

When will the TROW dividend be paid?

The dividend will be paid on September 29, 2021.

Who is eligible for the TROW dividend?

Stockholders of record as of the close of business on September 15, 2021, are eligible.

What is the total asset under management for TROW?

As of June 30, 2021, T. Rowe Price managed $1.62 trillion in assets.