T. Rowe Price Group: A Core Dividend Generator

Summary

• T. Rowe Price Group is a core holding for long-term income-oriented equity investors, with a strong track record of long-term results.
• The company has consistently increased dividends for 36 consecutive years and has produced annual revenue growth of 7.9% over the past 10 years.
• While facing challenges in the current financial market, the stock is priced favorably to its peers and has the potential for future growth with a healthy dividend yield.

RiverNorthPhotography

For long-term income-oriented equity investors, global investment manager giant T. Rowe Price Group, Inc. (NASDAQ:TROW) should be a core holding in many portfolios. This is a company with phenomenal long-term results. Check this out:

5-year CAGR

10-year CAGR

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.

Past performance is no guarantee of future results. Investing comes with risks. This article is neither a solicitation to buy or sell nor should it be considered as investment advice. You should do your own research before making an investment decision. Not all investments are appropriate for every investor. Consult your tax and/or investment advisor before investing.