T. Rowe Price Group's Dividends per Share for the
three
months ended in Dec. 2023 was $1.22.
The historical rank and industry rank for T. Rowe Price Group's 3-Year Dividend Growth Rate or its related term are showing as below:
TROW'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 8.9 Med: 15.6 Max: 69.1
Current: 10.7
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of T. Rowe Price Group was 69.10% per year. The lowest was 8.90% per year. And the median was 15.60% per year.
TROW's 3-Year Dividend Growth Rate is ranked better than 76.87% of 869
companies
in the Asset Management industry
Industry Median: 1.7
vs TROW: 10.70
During the past 12 months, T. Rowe Price Group's average Dividends Per Share Growth Rate was 1.70% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 10.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 13.20% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 12.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
T. Rowe Price Group's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.71. As of today, T. Rowe Price Group's Dividend Yield % is 4.51%.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the Asset Management subindustry, T. Rowe Price Group's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
T. Rowe Price Group 3-Year Dividend Growth Rate Distribution
For the Asset Management industry and Financial Services sector, T. Rowe Price Group's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where T. Rowe Price Group's 3-Year Dividend Growth Rate falls into.
T. Rowe Price Group 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
T. Rowe Price Group (NAS:TROW) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
T. Rowe Price Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
During the past 13 years, the highest Dividend Payout Ratio of T. Rowe Price Group was 0.64. The lowest was 0.34. And the median was 0.42.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
T. Rowe Price Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 1.240
2024-03-14
2024-03-15
2024-03-28
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.220
2023-12-14
2023-12-15
2023-12-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.220
2023-09-14
2023-09-15
2023-09-28
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.220
2023-06-14
2023-06-15
2023-06-29
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
T. Rowe Price Group's Dividend Yield (%) for Today is calculated as
Current Share Price is $108.76.
T. Rowe Price Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.9.
During the past 13 years, the highest Dividend Yield of T. Rowe Price Group was 5.50%. The lowest was 1.77%. And the median was 2.63%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
T. Rowe Price Group 3-Year Dividend Growth Rate Related Terms>
T. Rowe Price Group (T. Rowe Price Group) Business Description
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of October 2023, the firm had $1.312 trillion in managed assets, composed of equity (51%), balanced (33%), fixed-income and money market (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just over 9% of its AUM from overseas.
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