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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 2024-09-27. Ex dividend date: 2024-09-13
T. Rowe Price annual dividend for 2024 was $3.72
T. Rowe Price annual dividend for 2023 was $4.88
T. Rowe Price's trailing twelve-month (TTM) dividend yield is 5.65%
T. Rowe Price's payout ratio for the trailing twelve months (TTM) is 57.96%
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 dateDividend amountDividend typePay date
2024-09-13$1.24quarterly2024-09-27
2024-06-14$1.24quarterly2024-06-27
2024-03-14$1.24quarterly2024-03-28
2023-12-14$1.22quarterly2023-12-29
2023-09-14$1.22quarterly2023-09-28
2023-06-14$1.22quarterly2023-06-29
2023-03-14$1.22quarterly2023-03-30
2022-12-15$1.20quarterly2022-12-29
2022-09-14$1.20quarterly2022-09-29
2022-06-14$1.20quarterly2022-06-29
2022-03-14$1.20quarterly2022-03-30
2021-12-15$1.08quarterly2021-12-30
2021-09-14$1.08quarterly2021-09-29
2021-06-24$3.00quarterly2021-07-07
2021-06-14$1.08quarterly2021-06-29
2021-03-15$1.08quarterly2021-03-30
2020-12-14$0.90quarterly2020-12-30
2020-09-14$0.90quarterly2020-09-29
2020-06-12$0.90quarterly2020-06-30
2020-03-13$0.90quarterly2020-03-30
2019-12-13$0.76quarterly2019-12-30
2019-09-12$0.76quarterly2019-09-27
2019-06-13$0.76quarterly2019-06-28
2019-03-14$0.76quarterly2019-03-29
2018-12-13$0.70quarterly2018-12-28
2018-09-13$0.70quarterly2018-09-28
2018-06-14$0.70quarterly2018-06-29
2018-03-14$0.70quarterly2018-03-29
2017-12-13$0.57quarterly2017-12-28
2017-09-13$0.57quarterly2017-09-28
2017-06-13$0.57quarterly2017-06-29
2017-03-14$0.57quarterly2017-03-30
2016-12-13$0.54quarterly2016-12-29
2016-09-13$0.54quarterly2016-09-29
2016-06-13$0.54quarterly2016-06-29
2016-03-14$0.54quarterly2016-03-30
2015-12-14$0.52quarterly2015-12-30
2015-09-11$0.52quarterly2015-09-29
2015-06-11$0.52quarterly2015-06-29
2015-04-07$2.00quarterly2015-04-23
2015-03-12$0.52quarterly2015-03-30
2014-12-12$0.44quarterly2014-12-30
2014-09-11$0.44quarterly2014-09-29
2014-06-11$0.44quarterly2014-06-27
2014-03-12$0.44quarterly2014-03-28
2013-12-12$0.38quarterly2013-12-27
2013-09-11$0.38quarterly2013-09-27
2013-06-11$0.38quarterly2013-06-27
2013-03-11$0.38quarterly2013-03-27

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 5.65%. Interested in purchasing T. Rowe Price stock? Use our calculator to estimate your expected dividend yield:

T. Rowe Price Financial Ratios

P/E ratio12.53
PEG ratio4.90
P/B ratio2.46
ROE20.18%
Payout ratio57.96%
Current ratio9.35
Quick ratio9.35
Cash Ratio7.13

T. Rowe Price Dividend FAQ

How much is the next T. Rowe Price dividend?
T. Rowe Price's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next T. Rowe Price dividend. The next T. Rowe Price dividend will be released in March, June, September, or December.
When is T. Rowe Price dividend paid?
T. Rowe Price pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does T. Rowe Price pay?
The specific amount of T. Rowe Price dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find T. Rowe Price's dividend history.
Does T. Rowe Price stock pay dividends?
Yes, T. Rowe Price does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find T. Rowe Price's dividend history.
How much dividend does T. Rowe Price pay?
T. Rowe Price paid $3.72 in 2024, $4.88 in 2023, $4.8 in 2022, $7.32 in 2021, and $3.6 in 2020.
How often does T. Rowe Price pay dividends?
T. Rowe Price typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is T. Rowe Price's dividend yield?
The current dividend yield for T. Rowe Price is 5.65%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate T. Rowe Price's exact dividend yield.
When does T. Rowe Price go ex dividend?
T. Rowe Price's ex-dividend date for the latest dividend was on 2024-09-13. T. Rowe Price typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next T. Rowe Price dividend paid?
T. Rowe Price pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will T. Rowe Price increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether T. Rowe Price will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is T. Rowe Price dividend per share?
T. Rowe Price paid $3.72 per share in 2024 and $4.88 per share in 2023. The amount of dividend per share that T. Rowe Price pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is T. Rowe Price a dividend aristocrat?
Yes, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is T. Rowe Price a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is T. Rowe Price a dividend stock?
Yes, T. Rowe Price is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is T. Rowe Price a good dividend stock?
Whether T. Rowe Price is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. T. Rowe Price has a history of paying regular dividends, which can make it attractive to income-focused investors.

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.
Does T. Rowe Price pay dividends monthly?
T. Rowe Price typically pays dividends on a quarterly basis.
Does T. Rowe Price pay dividends quarterly?
T. Rowe Price currently pays dividends on a quarterly basis.
Has T. Rowe Price ever paid a dividend?
Yes, T. Rowe Price has a history of paying dividends to its shareholders. T. Rowe Price is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy T. Rowe Price dividend stocks?
To buy T. Rowe Price you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy T. Rowe Price stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does T. Rowe Price pay dividends 2024?
T. Rowe Price pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will T. Rowe Price increase its dividend in 2024?
Decisions regarding T. Rowe Price dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date T. Rowe Price dividend overview you can look into the above table of dividend history.
How T. Rowe Price dividend works?
The T. Rowe Price dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how T. Rowe Price's dividend process works:

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.
How are T. Rowe Price dividends paid?
T. Rowe Price dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

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.
How many times does T. Rowe Price pay dividends?
T. Rowe Price typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does T. Rowe Price pay dividends?
The general pattern is that T. Rowe Price pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is T. Rowe Price dividend safe?
The safety of T. Rowe Price's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

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.