T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND

Rhea-AI Summary

T. Rowe Price Group, Inc. (TROW) declared a quarterly dividend of $1.20 per share, scheduled for payment on December 29, 2022. Stockholders must be on record by December 16, 2022 to receive the dividend. As of September 30, 2022, T. Rowe Price managed assets worth $1.23 trillion. This announcement reflects the company’s commitment to returning value to shareholders and underscores its financial stability and growth potential.

Positive

• Declared quarterly dividend of $1.20 per share.
• Strong asset management with $1.23 trillion AUM as of September 30, 2022.

Negative

• None.

News Market Reaction

+0.50%

1 alert

+0.50% News Effect

On the day this news was published, TROW gained 0.50%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

BALTIMORE, Nov. 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 December ­­29, 2022 to stockholders of record as of the close of business on December 16, 2022.

ABOUT T. ROWE PRICE

Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. (troweprice.com), is a global investment management organization with $1.23 trillion in assets under management as of September 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-301665054.html

SOURCE T. Rowe Price Group, Inc.

FAQ

What is the dividend amount for TROW?

The dividend amount for T. Rowe Price (TROW) is $1.20 per share.

When is the TROW dividend payment date?

The dividend payment date for T. Rowe Price is December 29, 2022.

What is the record date for TROW's dividend?

The record date for T. Rowe Price's dividend is December 16, 2022.

How often does T. Rowe Price pay dividends?

T. Rowe Price typically pays dividends quarterly.

What is the significance of TROW's dividend declaration?

The dividend declaration signifies T. Rowe Price's commitment to return value to shareholders and reflects its financial health.