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BALTIMORE - T. Rowe Price Group (NASDAQ-GS:TROW) announced Monday that its Board of Directors has declared a quarterly dividend of $1.27 per share, payable September 29, 2025, to stockholders of record as of the close of business on September 15, 2025. The company currently offers a 4.84% dividend yield and has maintained dividend payments for 40 consecutive years, according to InvestingPro data.
The global asset management firm, which manages $1.68 trillion in client assets as of June 30, 2025, made the announcement in a press release statement. Approximately two-thirds of the assets under management are retirement-related, according to the company. With a market capitalization of $23.12 billion and a P/E ratio of 11.77, InvestingPro analysis suggests the stock is currently trading below its Fair Value.
T. Rowe Price has been in operation for over 85 years and focuses on investment management, retirement services, and proprietary research. The firm serves investors globally across various markets.
The company’s shares trade on the Nasdaq Global Select Market under the ticker symbol TROW.
In other recent news, T. Rowe Price reported its second-quarter 2025 earnings, with adjusted diluted earnings per share (EPS) of $2.24, surpassing analyst forecasts of $2.13. However, the company’s revenue slightly missed expectations, coming in at $1.72 billion compared to the anticipated $1.73 billion. Additionally, Morgan Stanley raised its price target for T. Rowe Price to $116 from $112, maintaining an Equalweight rating on the stock. The firm also revised its third-quarter 2025 earnings per share estimate upward by 1.3% to $2.52, citing improved operating expenses. These developments reflect ongoing adjustments and evaluations of T. Rowe Price’s financial performance and operational efficiency.
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