T. Rowe Price (TROW) Approves $0.25 Per Share DIvidend

October 19, 2009 2:35 PM EDT

T. Rowe Price Group, Inc. (Nasdaq: TROW) has declared a quarterly dividend of $0.25 per share payable December 29, 2009 to stockholders of record as of the close of business on

With this dividend, T. Rowe Price's total dividends declared for the year 2009 will be $1.00 per share, an increase of 4% over the $0.96 per share declared for the year 2008. This marks the 23rd consecutive year since going public that T. Rowe Price has increased its annual dividend payout.

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