T. Rowe Price Group, Inc. (NASDAQ:TROW) Updates On Quarterly Dividend


As per T. Rowe Price Group, Inc. (NASDAQ:TROW) statement on 2016-08-24, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.54 per share as dividend to stakeholders. The record date is set as 2016-09-15, the payout date as 2016-09-29 and the ex-dividend date is 2016-09-13.

Last fiscal T. Rowe Price Group, Inc. (NASDAQ:TROW) disbursed cash dividend of $0.54. A year ago, the payout was $0.54, which indicates a difference of 131.8181%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.54, implying 30.451% growth.

For the period ended on 2015-12-31, T. Rowe Price Group, Inc. (NASDAQ:TROW)’s earnings came at $1.15 per share compared to EPS of $1.06 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-27. For this quarter, the analysts have earnings estimate of $1.16 per share.

The interim price target for T. Rowe Price Group, Inc. (NASDAQ:TROW) is set at $75.375. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for T. Rowe Price Group, Inc. (NASDAQ:TROW) is seen at $83 and the lowest level is established at $71. This broad range highlights a standard deviation of $4.307 in reported estimates.

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