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TROW Price T Rowe Group dividend history, payout ratio & dates

Price T Rowe Group's last dividend was on Sep 13, 2024 (ex-date) with a distribution of $1.24 per share. On an annualized basis, the company has a current payout of $4.94 per share. This brings the dividend yield to 4.64% based on its recent close price.

Key dates

  • TROW last dividend date: Sep 13, 2024
TROW dividend stats
DPS
$4.94
Dividend yield
4.64%
Payout ratio
58.2%
vs. Financial Services sector
Dividend yield
2.97%
Payout ratio
43.4%

Dividend yield

What is Price T Rowe Group current dividend yield

TROW has a dividend yield of 4.64% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.97%, Price T Rowe Group's dividend yield is 56% higher. The current dividend yield is more than the historical average of 3.7% of the last 5 years.

Dividend history

What is TROW dividend payout history and dates

Price T Rowe Group has been paying dividends since 1994. TROW has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 1.6% since one year ago. But with the stock price up by 6% from a year ago, the dividend yield marks a decrease of 4.4%.

Recent dividends

Ex-date Amount Yield (TTM)
Sep 13, 2024 $1.24 4.72%
Jun 14, 2024 $1.24 4.28%
Mar 14, 2024 $1.24 4.26%
Dec 14, 2023 $1.22 4.55%
Sep 14, 2023 $1.22 4.42%
Jun 14, 2023 $1.22 4.35%
Mar 14, 2023 $1.22 4.52%
Dec 15, 2022 $1.2 4.29%
Sep 14, 2022 $1.2 4.09%
Jun 14, 2022 $1.2 4.23%
Mar 14, 2022 $1.2 5.43%
Dec 15, 2021 $1.08 3.78%
Sep 14, 2021 $1.08 3.35%
Jun 24, 2021 $3 3.57%
Jun 14, 2021 $1.08 2.06%
Mar 15, 2021 $1.08 2.18%
Dec 14, 2020 $0.9 2.43%
Sep 14, 2020 $0.9 2.72%
Jun 12, 2020 $0.9 2.75%
Mar 13, 2020 $0.9 2.96%
Dec 13, 2019 $0.76 2.47%
Sep 12, 2019 $0.76 2.52%
Jun 13, 2019 $0.76 2.75%
Mar 14, 2019 $0.76 2.84%
Dec 13, 2018 $0.7 3%
Sep 13, 2018 $0.7 2.45%
Jun 14, 2018 $0.7 2.05%
Mar 14, 2018 $0.7 2.09%
Dec 13, 2017 $0.57 2.24%
Sep 13, 2017 $0.57 2.67%
Jun 13, 2017 $0.57 3.03%
Mar 14, 2017 $0.57 3.08%
Dec 13, 2016 $0.54 2.83%
Sep 13, 2016 $0.54 3.18%
Jun 13, 2016 $0.54 2.96%
Mar 14, 2016 $0.54 5.72%
Dec 14, 2015 $0.52 5.83%
Sep 11, 2015 $0.52 5.63%
Jun 11, 2015 $0.52 4.96%
Apr 7, 2015 $2 4.86%
Mar 12, 2015 $0.52 2.22%

Price T Rowe Group dividend payout ratio

What is Price T Rowe Group dividend payout ratio compared to the sector

Payout ratio

TROW has a payout ratio of 58.2% which is higher than the Financial Services sector and its peers average but lower than the industry average. If we compare it with the Financial Services sector average of 43.4%, Price T Rowe Group's payout ratio is 34% higher.

Total amount of dividends paid per financial year (from cash flow)

TROW dividend vs peer dividends

How does TROW dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
AB Alliancebernstein Holding Lp 8.21% $2.86 99.7%
BEN Franklin Resources Inc 6.34% $1.24 76.1%
TROW Price T Rowe Group Inc 4.64% $4.94 58.2%
BK Bank of New York Mellon Corp 2.44% $1.73 40.9%
AMP Ameriprise Financial Inc 1.18% $5.66 19%
AMG Affiliated Managers Group Inc 0.02% $0.04 0.2%

Frequently asked questions

Does Price T Rowe Group pay a dividend?

Yes, Price T Rowe Group has paid four dividends in the last 12 months. TROW has been paying dividends since 1994.

When was TROW's last dividend?

Price T Rowe Group's last dividend ex-date was on Sep 13, 2024. The dividend amount was $1.24 per share.

How much dividend does Price T Rowe Group pay (per share)?

On an annual basis TROW pays $4.94 per share.

What is Price T Rowe Group's dividend yield?

Price T Rowe Group's current dividend yield is 4.64%.

How often does Price T Rowe Group pay dividends?

Price T Rowe Group pays four dividends per year.

What is Price T Rowe Group's dividend payout ratio?

The dividend payout ratio of Price T Rowe Group is 58.2%.

Does Price T Rowe Group pay a good dividend?

Price T Rowe Group's dividend yield is more than the Financial Services sector average.

Special dividends are included in TTM DPS and yield. Data from and Sharadar.