T. ROWE PRICE GROUP, INC., DECLARES QUARTERLY DIVIDEND AND ANNOUNCES ANNUAL MEETING VOTING RESULTS

Rhea-AI Summary

T. Rowe Price Group (NASDAQ: TROW) has declared a quarterly dividend of $1.27 per share, scheduled for payment on June 27, 2025, to stockholders of record as of June 13, 2025. The company also announced the results of its annual meeting, where shareholders elected 11 directors, approved executive compensation through a nonbinding advisory vote, and ratified KPMG LLP as the independent auditor for 2025. Notably, stockholders rejected a proposal that would have required shareholder approval for excessive golden parachutes.

Positive

• Maintained quarterly dividend of $1.27 per share, demonstrating commitment to shareholder returns

Negative

• None.

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BALTIMORE, May 9, 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 June 27, 2025, to stockholders of record as of the close of business on June 13, 2025.

Additionally, at its annual meeting yesterday, T. Rowe Price Group, Inc.'s stockholders:

• Elected 11 directors to its Board of Directors;
• Approved, by a nonbinding advisory vote, the compensation paid by the Company to its Named Executive Officers;
• Ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for 2025; and
• Declined to approve a stockholder proposal for a shareholder approval requirement for excessive golden parachutes.

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 $1.57 trillion in assets under management as of March 31, 2025. 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

What is T. Rowe Price's (TROW) quarterly dividend for Q2 2025?

T. Rowe Price declared a quarterly dividend of $1.27 per share, payable on June 27, 2025, to stockholders of record as of June 13, 2025.

When is T. Rowe Price (TROW) paying its Q2 2025 dividend?

T. Rowe Price will pay its Q2 2025 dividend on June 27, 2025, to stockholders of record as of June 13, 2025.

What were the key outcomes of T. Rowe Price's 2025 annual meeting?

At the 2025 annual meeting, shareholders elected 11 directors, approved executive compensation, ratified KPMG LLP as auditor, and rejected a proposal for shareholder approval of excessive golden parachutes.

What was the shareholder proposal that failed at T. Rowe Price's 2025 annual meeting?

Shareholders declined to approve a proposal that would have required shareholder approval for excessive golden parachutes.