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T. Rowe Price Group Stock Dividends Overview

TROW pays dividends quarterly. Last paid amount was $1.24 at Mar 28, 2024. As of today, dividend yield (TTM) is 4.42%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 4.42%
Frequency Quarterly
1Y Growth 1.64%
Payout Ratio 0
Amount Per Share $1.24
T. Rowe Price Group has not yet announced its next dividend date. Last payment date was: Mar 28, 2024.

TROW Dividend Payout History

To ensure a understanding of TROW's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 30, 2024 Mar 14, 2024 Mar 28, 2024 $1.24 1.02%
2 Oct 31, 2023 Dec 14, 2023 Dec 29, 2023 $1.22 1.13%
3 Jul 31, 2023 Sep 14, 2023 Sep 28, 2023 $1.22 1.17%
4 May 09, 2023 Jun 14, 2023 Jun 29, 2023 $1.22 1.10%
5 Feb 07, 2023 Mar 14, 2023 Mar 30, 2023 $1.22 1.11%
6 Nov 01, 2022 Dec 15, 2022 Dec 29, 2022 $1.20 1.08%
7 Aug 01, 2022 Sep 14, 2022 Sep 29, 2022 $1.20 1.12%
8 May 10, 2022 Jun 14, 2022 Jun 29, 2022 $1.20 1.04%
9 Feb 08, 2022 Mar 14, 2022 Mar 30, 2022 $1.20 0.784%
10 Nov 02, 2021 Dec 15, 2021 Dec 30, 2021 $1.08 0.545%

Dividend Sustainability

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Sustainability score

Good (95.89%)

Growth potential

Increase likely (48.33%)

TROW Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from TROW dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in TROW stock here.

Comparing TROW to Sector and Country

TROW pays a solid dividend yield of 4.42%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.89%). TROW’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.

TROW Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
Fifth Third Bancorp 25.292B $0.588 7.24% 33.15%
Fifth Third Bancorp 25.223B $0.350 5.89% 33.15%
XP
XP Inc. 11.263B $0.730 5.29% 50.38%
T. Rowe Price Group 25.5B $1.24 4.42% 62.71%
Northern Trust Corporation 17.059B $0.750 3.83% 66.88%
Cincinnati Financial Corporation 17.374B $0.81 2.89% 14.66%
CME
CME Group Inc. 76.52B $1.15 2.77% 100.29%
Nasdaq 34.713B $0.220 1.63% 41.60%
Interactive Brokers Group 48.908B $0.100 0.449% 5.10%

FAQ

What factors can affect the amount of TROW's dividend payments?
The amount of TROW's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in TROW sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from TROW stock be automatically reinvested?
If TROW offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy TROW stock.

How often does TROW pay dividend?
T. Rowe Price Group (TROW) pays dividends quarterly. The most recent payout was on Mar 28, 2024.

How much does TROW pays per share?
The last recorder (Mar 14, 2024) dividend per share was $1.24.

What is TROW dividend growth rate?
Over the last year, T. Rowe Price Group has witnessed growth rate of 1.64% . Looking back over the past 3 years, this growth rate has been 4.71%. Furthermore, examining the past 5 years, T. Rowe Price Group has maintained an average Dividends Per Share Growth Rate of 10.29%.
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About T. Rowe Price Group

T. Rowe Price Group T. Rowe Price Group, Inc. is a publicly owned investment manager. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. It launches and manages equity and fixed income mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental and quantitative analysis with a bottom-up approach. The firm utilizes in-house and ... TROW Profile

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