T. Rowe Price Group Dividend
Dividend criteria checks 6/6
T. Rowe Price Group is a dividend paying company with a current yield of 4.88% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 13th September, 2024.
Key information
4.9%
Dividend yield
58%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 27 Sep 24 |
| Ex dividend date | 13 Sep 24 |
| Dividend per share | US$4.960 |
| Earnings per share | US$8.52 |
| Dividend yield forecast | 5.1% |
Recent dividend updates
Recent updates
T. Rowe Price: Patience Growing Thin With Continued Market Underperformance
Aug 09T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Low P/E No Reason For Excitement
Jul 24
T. Rowe Price: AUM Stagnation Likely To Continue, With Heightened Outflow Risks
Jul 03T. Rowe Price: A Dividend Not To Be Missed
Jun 04T. Rowe Price: A Dividend Aristocrat With 25% Upside Potential
May 01T. Rowe Price Group, Inc.'s (NASDAQ:TROW) CEO Might Not Expect Shareholders To Be So Generous This Year
May 01T. Rowe Price Group, Inc. Just Beat EPS By 26%: Here's What Analysts Think Will Happen Next
Apr 30There's No Escaping T. Rowe Price Group, Inc.'s (NASDAQ:TROW) Muted Earnings
Apr 05T. Rowe Price: Mixed Signals (Technical Analysis)
Mar 27T. Rowe Price Group (NASDAQ:TROW) Has Announced That It Will Be Increasing Its Dividend To $1.24
Feb 22Analysts Are Updating Their T. Rowe Price Group, Inc. (NASDAQ:TROW) Estimates After Its Yearly Results
Feb 10T. Rowe Price Group (NASDAQ:TROW) Is Paying Out A Larger Dividend Than Last Year
Feb 08T. Rowe Price Earnings Preview: We May Have Seen The Bottom, But More Time Is Needed To Confirm
Feb 02Some Confidence Is Lacking In T. Rowe Price Group, Inc.'s (NASDAQ:TROW) P/E
Dec 21T. Rowe Price: This Company Is A Gem
Oct 18T. Rowe Price slides as September AUM falls by 8% to $1.23T
Oct 12T. Rowe Price reports lower AUM as of Aug. 31 on monthly basis
Sep 13T. Rowe Price: An Excellent Business At A Fair Price
Aug 16T. Rowe Price sees marginal increase in July AUM
Aug 10Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: TROW's dividends per share have been stable in the past 10 years.
Growing Dividend: TROW's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| T. Rowe Price Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TROW) | 4.9% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.4% |
| Industry Average (Capital Markets) | 2.2% |
| Analyst forecast (TROW) (up to 3 years) | 5.1% |
Notable Dividend: TROW's dividend (4.88%) is higher than the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: TROW's dividend (4.88%) is in the top 25% of dividend payers in the US market (4.43%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58%), TROW's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (88.6%), TROW's dividend payments are covered by cash flows.