T. Rowe Price: Attractive Valuation And Dividend Yield

Dividend Power
5.89K Followers

Summary

  • T. Rowe Price is one of the leading asset managers in the U.S. The company's funds perform well versus peers and benchmarks.
  • The 2022 bear market has increased the yield to 4%+ and brought down the valuation. Dividend safety is excellent.
  • The firm is a Dividend Aristocrat and Dividend Champion with 36 consecutive years of increases.
  • T. Rowe Price stock is undervalued.

T. Rowe Price

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T. Rowe Price Group, Inc. (NASDAQ:TROW) is one of my favorite asset managers. Most of the other ones I like are privately held, like Vanguard and Fidelity. However, TROW is publicly traded, allowing small investors to hold shares of a successful company in

This article was written by

5.89K Followers
I am a self-taught individual investor and I have been investing in stocks for over 25 years. I focus on dividend growth investing with a long-term horizon since I believe in the compounding power of dividend growth investing. I generally look for undervalued large cap stocks with sustainable dividend growth and capital appreciation potential. My second focus is tech and small- or mid-cap stocks with or without dividends for their growth potential. I try to provide a little more in depth analysis weighing the positives and negatives. I am now in the Top 2.0% out of 28,000+ financial bloggers (December 2023) as tracked by Tip Ranks for my SA articles.Work/ associated with the existing authors James Marino and Ferdis.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of TROW either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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