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 external research to make its investments. It employs socially responsible investing with a focus on environmental, social, and governance issues. It makes investment in late-stage venture capital transactions and usually invests between $3 million and $5 million. The firm was previously known as T. Rowe Group, Inc. and T. Rowe Price Associates, Inc. T. Rowe Price Group, Inc. was founded in 1937 and is based in Baltimore, Maryland, with additional offices in Colorado Springs, Colorado; Owings Mills, Maryland; San Francisco, California; New York, New York; Philadelphia, Pennsylvania; Tampa, Florida; Toronto, Ontario; Hellerup, Denmark; Amsterdam, The Netherlands; Luxembourg, Grand Duchy of Luxembourg; Zurich, Switzerland; Dubai, United Arab Emirates; London, United Kingdom; Sydney, New South Wales; Hong Kong; Tokyo, Japan; Singapore; Frankfurt, Germany, Madrid, Spain, Milan, Italy, Stockholm, Sweden, Melbourne, Australia, and Amsterdam, Netherlands.
T. Rowe Price Dividend Announcement
• T. Rowe Price announced a quarterly dividend of $1.24 per ordinary share which will be made payable on 2024-12-27. Ex dividend date: 2024-12-13
• T. Rowe Price annual dividend for 2024 was $4.96
• T. Rowe Price annual dividend for 2023 was $4.88
• T. Rowe Price's trailing twelve-month (TTM) dividend yield is 4.15%
• T. Rowe Price's payout ratio for the trailing twelve months (TTM) is 53.90%
• T. Rowe Price's dividend growth over the last five years (2018-2023) was 11.75% year
• T. Rowe Price's dividend growth over the last ten years (2013-2023) was 12.37% year
T. Rowe Price Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | $1.24 | quarterly | 2024-12-27 |
2024-09-13 | $1.24 | quarterly | 2024-09-27 |
2024-06-14 | $1.24 | quarterly | 2024-06-27 |
2024-03-14 | $1.24 | quarterly | 2024-03-28 |
2023-12-14 | $1.22 | quarterly | 2023-12-29 |
2023-09-14 | $1.22 | quarterly | 2023-09-28 |
2023-06-14 | $1.22 | quarterly | 2023-06-29 |
2023-03-14 | $1.22 | quarterly | 2023-03-30 |
2022-12-15 | $1.20 | quarterly | 2022-12-29 |
2022-09-14 | $1.20 | quarterly | 2022-09-29 |
2022-06-14 | $1.20 | quarterly | 2022-06-29 |
2022-03-14 | $1.20 | quarterly | 2022-03-30 |
2021-12-15 | $1.08 | quarterly | 2021-12-30 |
2021-09-14 | $1.08 | quarterly | 2021-09-29 |
2021-06-24 | $3.00 | quarterly | 2021-07-07 |
2021-06-14 | $1.08 | quarterly | 2021-06-29 |
2021-03-15 | $1.08 | quarterly | 2021-03-30 |
2020-12-14 | $0.90 | quarterly | 2020-12-30 |
2020-09-14 | $0.90 | quarterly | 2020-09-29 |
2020-06-12 | $0.90 | quarterly | 2020-06-30 |
2020-03-13 | $0.90 | quarterly | 2020-03-30 |
2019-12-13 | $0.76 | quarterly | 2019-12-30 |
2019-09-12 | $0.76 | quarterly | 2019-09-27 |
2019-06-13 | $0.76 | quarterly | 2019-06-28 |
2019-03-14 | $0.76 | quarterly | 2019-03-29 |
2018-12-13 | $0.70 | quarterly | 2018-12-28 |
2018-09-13 | $0.70 | quarterly | 2018-09-28 |
2018-06-14 | $0.70 | quarterly | 2018-06-29 |
2018-03-14 | $0.70 | quarterly | 2018-03-29 |
2017-12-13 | $0.57 | quarterly | 2017-12-28 |
2017-09-13 | $0.57 | quarterly | 2017-09-28 |
2017-06-13 | $0.57 | quarterly | 2017-06-29 |
2017-03-14 | $0.57 | quarterly | 2017-03-30 |
2016-12-13 | $0.54 | quarterly | 2016-12-29 |
2016-09-13 | $0.54 | quarterly | 2016-09-29 |
2016-06-13 | $0.54 | quarterly | 2016-06-29 |
2016-03-14 | $0.54 | quarterly | 2016-03-30 |
2015-12-14 | $0.52 | quarterly | 2015-12-30 |
2015-09-11 | $0.52 | quarterly | 2015-09-29 |
2015-06-11 | $0.52 | quarterly | 2015-06-29 |
2015-04-07 | $2.00 | quarterly | 2015-04-23 |
2015-03-12 | $0.52 | quarterly | 2015-03-30 |
2014-12-12 | $0.44 | quarterly | 2014-12-30 |
2014-09-11 | $0.44 | quarterly | 2014-09-29 |
2014-06-11 | $0.44 | quarterly | 2014-06-27 |
2014-03-12 | $0.44 | quarterly | 2014-03-28 |
2013-12-12 | $0.38 | quarterly | 2013-12-27 |
2013-09-11 | $0.38 | quarterly | 2013-09-27 |
2013-06-11 | $0.38 | quarterly | 2013-06-27 |
2013-03-11 | $0.38 | quarterly | 2013-03-27 |
T. Rowe Price Dividend per year
T. Rowe Price Dividend growth
T. Rowe Price Dividend Yield
T. Rowe Price current trailing twelve-month (TTM) dividend yield is 4.15%. Interested in purchasing T. Rowe Price stock? Use our calculator to estimate your expected dividend yield:
T. Rowe Price Financial Ratios
T. Rowe Price Dividend FAQ
Other factors to consider when evaluating T. Rowe Price as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: T. Rowe Price's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, T. Rowe Price publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, T. Rowe Price distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from T. Rowe Price are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: T. Rowe Price sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, T. Rowe Price distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: T. Rowe Price declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of T. Rowe Price's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review T. Rowe Price's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.