T. Rowe Price Group Declares Quarterly Dividend

Rhea-AI Summary

T. Rowe Price Group, Inc. (TROW) declared a quarterly dividend of $1.08 per share, scheduled for payment on December 30, 2021. Stockholders must be on record by the close of business on December 16, 2021. As of September 30, 2021, T. Rowe Price managed $1.61 trillion in assets, highlighting its significant market presence and commitment to providing investment management services.

Positive

• Quarterly dividend of $1.08 per share enhances shareholder income.
• T. Rowe Price manages $1.61 trillion in assets, indicating strong financial health.

Negative

• None.

News Market Reaction

+0.45%

1 alert

+0.45% News Effect

On the day this news was published, TROW gained 0.45%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

BALTIMORE, Nov. 2, 2021 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $1.08 per share payable on December 30, 2021 to stockholders of record as of the close of business on December 16, 2021.

ABOUT T. ROWE PRICE
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. (troweprice.com), is a global investment management organization with $1.61 trillion in assets under management as of September 30, 2021. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers sophisticated investment planning and guidance tools. T. Rowe Price's disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.

View original content:https://www.prnewswire.com/news-releases/t-rowe-price-group-declares-quarterly-dividend-301414422.html

SOURCE T. Rowe Price Group, Inc.

FAQ

What is the dividend amount declared by T. Rowe Price for December 2021?

T. Rowe Price declared a dividend of $1.08 per share.

When will T. Rowe Price pay its quarterly dividend?

The quarterly dividend will be paid on December 30, 2021.

What is the record date for T. Rowe Price's dividend?

The record date for T. Rowe Price's dividend is December 16, 2021.

How much assets under management does T. Rowe Price have?

As of September 30, 2021, T. Rowe Price has $1.61 trillion in assets under management.