BLK - T. Rowe Price: A Dividend Not To Be Missed
2024-06-04 12:43:50 ET
Summary
- T. Rowe Price is a dividend aristocrat with a 37-year track record of increasing dividends and a current dividend yield of 4.21%.
- The company has a strong competitive advantage and outperforms its peers in terms of profitability.
- Equity funds over the past year have performed better than benchmarks, but the three-year performance remains negative overall.
T. Rowe Price ( TROW ) is one of the best-known investment managers with an almost century-long history behind it. It is headquartered in Maryland but has offices all over the world.
One of its main traits is to be a dividend aristocrat, in fact it has been increasing its dividend per share for 37 years in a row. Its dividend yield is currently quite high, 4.21%, and this is attracting more and more investors hunting for passive income....
T. Rowe Price: A Dividend Not To Be Missed