38th Consecutive Annual Dividend Increase
BALTIMORE, Jan. 30,
2024 /PRNewswire/ -- T. Rowe Price Group, Inc.
(NASDAQ-GS: TROW), announced today that its Board of Directors has
declared a quarterly dividend of $1.24 per share payable March 28, 2024, to stockholders of record as of
the close of business on March 15,
2024. The quarterly dividend rate represents a 1.64%
increase over the previous quarterly dividend rate of $1.22 per share. This will mark the 38th
consecutive year since the firm's initial public offering that the
company will have increased its regular annual dividend.
ABOUT T. ROWE
PRICE
Founded in 1937, T. Rowe Price (NASDAQ: TROW) helps people around
the world achieve their long-term investment goals. As a large
global asset management company known for investment excellence,
retirement leadership, and independent proprietary research, the
firm is built on a culture of integrity that puts client interests
first. Investors rely on the award-winning firm for its retirement
expertise and active management approach of equity, fixed income,
alternatives, and multi-asset investment capabilities. T.
Rowe Price manages $1.45 trillion in assets under management as
of December 31, 2023, and serves
millions of clients globally. News and other updates can be found
on Facebook,
Instagram, LinkedIn, X, YouTube,
and troweprice.com/newsroom.
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SOURCE T. Rowe Price Group