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T. Rowe Price Group (NASDAQ:TROW) is a publicly owned investment manager, which provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions.
The 52-week range of T. Rowe Price Group stock price was $77.85 to $125.81.
T. Rowe Price Group's dividend yield is 5.56%. It paid $5.08 per share in dividends during the last 12 months.
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The Latest On T. Rowe Price Group
On May 2, the company announced its Q1 2025 earnings, posting adjusted EPS of $2.23, beating the consensus estimate of $2.13, while revenues of $1.76 billion came in below the consensus of $1.78 billion, as reported by Benzinga.
"We are making important progress and are extending our reach—leveraging our world class investment platform, our leadership position in retirement, and the strength of our brand. As of March 31, we had $1.57 trillion in AUM and net outflows of $8.6 billion in the quarter. We are well positioned to navigate periods of uncertainty and to help our clients to do the same," said CEO Rob Sharps.
Check out this article by Benzinga for 16 analysts' insights on T. Rowe Price Group.
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How Can You Earn $100 Per Month As A T. Rowe Price Group Investor?
If you want to make $100 per month — $1,200 annually — from T. Rowe Price Group dividends, your investment value needs to be approximately $21,583, which is around 236 shares at $91.42 each.
Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (5.56% in this case). So, $1,200 / 0.0556 = $21,583 to generate an income of $100 per month.
You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.
The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.
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For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).