T Rowe Price Group, Inc. (TROW) Declares $0.31 Quarterly Dividend; 2.4% Yield

T Rowe Price Group, Inc. (NASDAQ: TROW) declared a quarterly dividend of $0.31 per share, or $1.24 annualized.

The dividend will be payable on December 28, 2011, to stockholders of record on December 14, 2011, with an ex-dividend date of December 12, 2011.

The annual yield on the dividend is 2.4 percent.

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