TROW Dividend History - T. Rowe Price

Track the latest TROW dividend history! 3.20% Dividend Yield, 9.93% Annual Growth - Explore TROW's complete dividend history

Yield 12m 3.20%
Cash Amount 12m 3.72
Dividend Growth 5y avg 9.93%
Dividend Rating 65.85%
Yield on Cost 5y 3.73%
Payout Ratio current 55.5%
Payout Frequency 12m 4
Payout Consistency 90.2%
Total Return 12m: 9.03%
#121 in Group
Total Return 5y: 13.25%
#123 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Asset Management & Custody Banks
Top Dividend Yield
Symbol Market Cap in USD Yield Yield on Cost
TROW 26,499m 3.20% 3.73%
BK 253m 29.4% 120%
OXLC 1,927m 25.5% 37.8%
ECC 941m 21.1% 28.8%
Top Dividend Grower
Symbol Market Cap in USD Grow Rating
TROW 26,499m 9.93% 65.9%
VCTR 4,519m 66.5% 68.9%
OWL 35,247m 61.7% 70.9%
SUNS 101m 41.4% 60.1%

TROW Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2024-09-13 2024-09-13 2024-09-27 Quarterly 1.24 1.19%
2024-06-14 2024-06-14 2024-06-27 Quarterly 1.24 1.09%
2024-03-14 2024-03-15 2024-03-28 Quarterly 1.24 1.6% 1.06%
2023-12-14 2023-12-15 2023-12-29 Quarterly 1.22 1.17%
2023-09-14 2023-09-15 2023-09-28 Quarterly 1.22 1.12%
2023-06-14 2023-06-15 2023-06-29 Quarterly 1.22 1.1%
2023-03-14 2023-03-15 2023-03-30 Quarterly 1.22 1.7% 1.12%
2022-12-15 2022-12-16 2022-12-29 Quarterly 1.2 1.05%
2022-09-14 2022-09-15 2022-09-29 Quarterly 1.2 1.04%
2022-06-14 2022-06-15 2022-06-29 Quarterly 1.2 1.12%
2022-03-14 2022-03-15 2022-03-30 Quarterly 1.2 11.1% 0.88%
2021-12-15 2021-12-16 2021-12-30 Quarterly 1.08 0.57%
2021-09-14 2021-09-15 2021-09-29 Quarterly 1.08 -64% 0.5%
2021-06-24 2021-06-25 2021-07-07 Other 3 177.8% 1.54%
2021-06-14 2021-06-15 2021-06-29 Quarterly 1.08 0.56%
2021-03-15 2021-03-16 2021-03-30 Quarterly 1.08 20% 0.62%
2020-12-14 2020-12-15 2020-12-30 Quarterly 0.9 0.6%
2020-09-14 2020-09-15 2020-09-29 Quarterly 0.9 0.72%
2020-06-12 2020-06-15 2020-06-30 Quarterly 0.9 0.74%
2020-03-13 2020-03-16 2020-03-30 Quarterly 0.9 18.4% 0.92%
2019-12-13 2019-12-16 2019-12-30 Quarterly 0.76
2019-09-12 2019-09-13 2019-09-27 Quarterly 0.76
2019-06-13 2019-06-14 2019-06-28 Quarterly 0.76
2019-03-14 2019-03-15 2019-03-29 Quarterly 0.76 8.6%
2018-12-13 2018-12-14 2018-12-28 Quarterly 0.7
2018-09-13 2018-09-14 2018-09-28 Quarterly 0.7
2018-06-14 2018-06-15 2018-06-29 Quarterly 0.7
2018-03-14 2018-03-15 2018-03-29 Quarterly 0.7 22.8%
2017-12-13 2017-12-14 2017-12-28 Quarterly 0.57
2017-09-13 2017-09-14 2017-09-28 Quarterly 0.57
2017-06-13 2017-06-15 2017-06-29 Quarterly 0.57
2017-03-14 2017-03-16 2017-03-30 Quarterly 0.57 5.6%
2016-12-13 2016-12-15 2016-12-29 Quarterly 0.54
2016-09-13 2016-09-15 2016-09-29 Quarterly 0.54
2016-06-13 2016-06-15 2016-06-29 Quarterly 0.54
2016-03-14 2016-03-16 2016-03-30 Quarterly 0.54 3.8%
2015-12-14 2015-12-16 2015-12-30 Quarterly 0.52
2015-09-11 2015-09-15 2015-09-29 Quarterly 0.52
2015-06-11 2015-06-15 2015-06-29 Quarterly 0.52 -74%
2015-04-07 2015-04-09 2015-04-23 Other 2

TROW Dividend History - FAQ

What is the Dividend Yield of TROW?

As of December 2024 TROW`s Dividend Yield is 3.20%. It is calculated by dividing the dividend payments of the last 12-Months (TTM) of 3.72 USD by the current stock price of 116.12.

What is the long-term Dividend Growth Rate of TROW?

In the last 5 Years the Average Dividend Growth Rate was 9.93% per year. This shows that the dividend payments have been growing over time. It is a good sign, as it indicates that the dividend payments have been growing faster than the inflation rate.

How often does TROW pay dividends?

Within the last 12 Months (TTM, Trailing Twelve Months) TROW paid 4 times a dividend.

What is the Yield on Cost of TROW?

The 5 Year Yield-On-Cost is 3.73%. That's the effective dividend income you'd receive today if you purchased T. Rowe Price five years ago. It is calculated by the Rate of the last 12 Months (3.72) divided by the price 5 years ago (99.76).

What is the Payout Consistency of TROW?

TROW has a Payout Consistency of 90.2%. It shows how stable (Values above 85%) or unstable (Values below 65%) the dividend payouts have been over time. Cutting a dividend is considered negative, while increasing it is considered positive. Equally paying dividends is considered moderate positive.

What is the Dividend Rating of TROW?

The Overall Dividend Rating of 65.85 is quantified on a scale from 0 to 100. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional. The calculations includes: Yield, Yield on Cost, Dividend History, Consistency of Payouts and Growth Rates over time.

Does TROW have a good Dividend Yield?

TROW`s 3.20% Dividend Yield is considered as: moderate.
A good Dividend Yield is generally considered to be at least 4%, while a high dividend yield is considered to be anything over 6%.

What is the next Dividend Date for TROW?

The next Dividend Date for TROW is unknown.

What is the Dividend Payout Ratio of TROW?

The Dividend Payout Ratio of TROW is 55.5%. A lower payout ratio, such as 30-60%, means there's more room for dividends to grow and better protection to pay dividends even in a recession. If it’s over 80-90%, it could be a red flag that dividends might not be sustainable. However, certain sectors have exceptions due to regulatory requirements or industry norms. For example, REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Banks, on the other hand, often maintain moderate payout ratios (40-60%) to comply with regulatory capital requirements and ensure stability. If companies outside these regulated sectors have payout ratios exceeding 80-90%, it could be a red flag for unsustainable dividends.

Bonus Section: TROW Outstanding Shares

What is the Trend of TROW`s Outstanding Shares?

The Outstanding Shares of T. Rowe Price are shrinking at a rate of -0.56% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is -100.0%. Investors should be aware that the price of a stock often is positively affected by a decreasing number of shares.

Did T. Rowe Price ever had a Stock Split?

Yes, last Stock Split was on 2006-06-26 with a factor of 2:1. This stock split increased the number of shares and lowered the price per share by a ratio of 2.
Year Number of Shares (Mill.) Growth Rate
1985 173333300
1986 200000000 +15.38%
1987 204000000 +2%
1988 230000000 +12.75%
1989 230000000
1990 224000000 -2.61%
1991 211428600 -5.61%
1992 257500000 +21.79%
1993 250909100 -2.56%
1994 230769200 -8.03%
1995 240000000 +4%
1996 247826100 +3.26%
1997 258125000 +4.16%
1998 260487800 +0.92%
1999 256798000 -1.42%
2000 258952000 +0.84%
2001 260376000 +0.55%
2002 251038000 -3.59%
2003 267554000 +6.58%
2004 273484000 +2.22%
2005 277962000 +1.64%
2006 279800000 +0.66%
2007 273500000 -2.25%
2008 259000000 -5.3%
2009 266200000 +2.78%
2010 266200000
2011 268500000 +0.86%
2012 264900000 -1.34%
2013 268600000 +1.4%
2014 265700000 -1.08%
2015 251500000 -5.34%
2016 245500000 -2.39%
2017 249800000 +1.75%
2018 242900000 -2.76%
2019 237400000 -2.26%
2020 229200000 -3.45%
2021 226900000 -1%
2022 224600000 -1.01%
2023 224000000 -0.27%
2024 222800000 -0.54%