- T. Rowe Price (NASDAQ:TROW +1.3%) ups its quarterly dividend by 18% to $0.52 per share, an annualized yield of about 2.5%. The company also declares a special cash dividend of $2 per share payable on April 23 to owners of record as of April 9.
- CEO James Kennedy: "After the special dividend payment, the company's balance sheet will remain very strong, with ample liquidity and no corporate debt."
- Source: Press Release
T. Rowe Price gains after boosted dividend, special payout
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About TROW Stock
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| Symbol | Last Price | % Chg |
|---|---|---|
| TROW | - | - |
| T. Rowe Price Group, Inc. | ||