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T. ROWE PRICE GROUP DECLARES QUARTERLY DIVIDEND

T. Rowe Price Group, Inc. (TROW) declared a quarterly dividend of $1.20 per share, scheduled for payment on December 29, 2022.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

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.

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Positive

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

Negative

  • None.
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+0.50% session move Open Argus
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News Market Reaction – TROW

The recorded move for TROW in the trading session of this news was +0.50%.

Data tracked by StockTitan Argus. Session date unavailable.

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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.

Cision 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

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