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 4.18% based on its recent close price.
Key dates
- TROW last dividend date: Sep 13, 2024
TROW dividend stats
vs. Financial Services sector
Dividend yield
TROW has a dividend yield of 4.18% 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 2.58%, Price T Rowe Group's dividend yield is 62% higher. The current dividend yield is more than the historical average of 3.7% of the last 5 years.
Dividend history
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 22% from a year ago, the dividend yield marks a decrease of 17%.
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
Payout ratio
TROW has a payout ratio of 54% 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 44%, Price T Rowe Group's payout ratio is 23% higher.
Total amount of dividends paid per financial year (from cash flow)
TROW dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AB Alliancebernstein Holding Lp | 8.12% | $2.98 | 85.4% |
| BEN Franklin Resources Inc | 5.71% | $1.24 | 145.9% |
| TROW Price T Rowe Group Inc | 4.18% | $4.94 | 54% |
| BK Bank of New York Mellon Corp | 2.26% | $1.78 | 39.5% |
| AMP Ameriprise Financial Inc | 1.02% | $5.79 | 21.8% |
| 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 4.18%.
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 54%.
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.