T.Rowe Price Group Dividend Stock Analysis

T. Rowe Price Group, Inc. (TROW) 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. T.Rowe Price Group is one of the companies in My Dividend Growth Portfolio.

T.Rowe Price is a dividend champion with a 33 year streak of consecutive annual dividend increases. The last increase occurred in February 2019, when the Board of Directors hiked distributions by 8.60% to 76 cents/share

In the past decade, the company has managed to increase dividends at an annual rate of 11.30%/year. Dividends went up faster than earnings per share over the past decade, thanks to a growing payout ratio. I would expect future dividends growth in the range of 7% - 8%/year over the next decade.

T.Rowe Price has managed to increase earnings per share at an annual rate of 9.50%/annum over the past decade. Earnings rose from $2.40/share in 2007 to $7.27/share in 2018. The company is expected to earn $6.39/share in 2019.

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Disclaimer: I am not a licensed investment adviser, and I am not providing you with individual investment advice on this site. Please consult with an investment professional before you invest ...

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