T. Rowe Price Group (TROW) Declares $0.70 Quarterly Dividend; 2.5% Yield

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Go back to T. Rowe Price Group (TROW) Declares $0.70 Quarterly Dividend; 2.5% Yield

T. Rowe Price Group Adds Richard Verma As Independent Director, Declares Quarterly Dividend, Increases Stock Repurchase Authorization

April 26, 2018 2:23 PM EDT

BALTIMORE, April 26, 2018 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $0.70 per share payable June 29, 2018 to stockholders of record as of the close of business on June 15, 2018. The Board also approved a 10 million share increase in the company's authorization to repurchase its common stock. This brings the total repurchase authorization to 21.0 million shares.

Additionally, at its annual meeting today, T. Rowe Price Group stockholders elected all 12 nominees to the Board of Directors,... More