Trailing Dividend / Share
$5.11
T. Rowe Price Group, Inc. (TROW) Dividend History
Income profile from 1986 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
4.7%
Payout Ratio
54.8%
Sustainable
Dividend Streak
38 years
TROW Dividend Income Check
Safety
54.8% payout ratio with sustainable safety profile.
Consistency
38 straight years of dividend increases.
Income Trend
Yield on cost is 3.4% and trend is rising.
TROW Dividend Scorecard
Yield & Income
Dividend Yield4.7%
Trailing DPS$5.11
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout54.8%
Earnings SafetySustainable
FCF Payout47.5%
FCF SafetyWell Covered
Piotroski F-Score4/9
Growth
Growth Streak38 years
3Y CAGR1.9%
5Y CAGR7.1%
Yield on Cost (5Y)3.4%
YOC Trendrising
Total Returns
Buyback Yield2.7%
Total Shareholder Yield7.4%
1Y Total Return22.4%
5Y Total Return-28.9%
Div Contribution (5Y)14.5%
Estimated $10K growth (return + dividends):
5Y ago$7,11110Y ago$20,78520Y ago$44,769
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
TROW Income Growth Story
Dividend per share and yield on cost over time (41 years of payments)
TROW Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
T. Rowe Price Group, Inc. distributes 54.8% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 47.5%, rated "Well Covered".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
TROW has raised its dividend for 38 consecutive years, with a 3-year CAGR of 1.9% and 5-year CAGR of 7.1%.
Total Shareholder Returns
Beyond cash dividends, TROW returns capital through share repurchases. The combined picture: 4.7% dividend yield, 2.7% buyback yield, 7.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.4% and is currently rising. The 5-year total return is -28.9%, with dividends contributing 14.5% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $20,785 today.
TROW Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$24.48
Avg/Payment$1.2240
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 15, 2026Latest | $1.3000 | — | 4.73% | Jun 29, 2026 |
| Mar 16, 2026 | $1.3000 | ↑ +2.4% | 5.85% | Mar 30, 2026 |
| Dec 15, 2025 | $1.2700 | — | 4.90% | Dec 30, 2025 |
| Sep 15, 2025 | $1.2700 | — | 4.85% | Sep 29, 2025 |
| Jun 13, 2025 | $1.2700 | — | 5.48% | Jun 27, 2025 |
| Mar 14, 2025 | $1.2700 | ↑ +2.4% | 5.36% | Mar 28, 2025 |
| Dec 13, 2024 | $1.2400 | — | 4.15% | Dec 27, 2024 |
| Sep 13, 2024 | $1.2400 | — | 4.72% | Sep 27, 2024 |
TROW Dividend vs Peers
Comparable companies in the same industry
#3 yield in peer group
Div Yield
4.7%
#3 of 9
Safety
Sustainable
54.8% payout
Streak
38Y
7.1% 5Y CAGR
Total Shareholder
7.4%
#5 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
3rd TROWT. Rowe Price Group,… | $23.4B | 4.7% | 54.8% | 38 | Sustainable |
 BENFranklin Resources, … | $17.2B | 4.0% | 1.3% | 2 | Sustainable |
 IVZInvesco Ltd. | $12.5B | 3.0% | — | 4 | Unknown |
 AMGAffiliated Managers … | $9.4B | 0.0% | 0.1% | 0 | Sustainable |
2nd  VRTSVirtus Investment Pa… | $948M | 6.6% | 46.7% | 8 | Sustainable |
 BLKBlackRock, Inc. | $173.7B | 1.9% | 60.3% | 16 | Watch |
 STTState Street Corpora… | $48.6B | 1.8% | 30.4% | 15 | Sustainable |
1st  APAMArtisan Partners Ass… | $2.5B | 10.9% | 88.6% | 2 | At Risk |
 VCTRVictory Capital Hold… | $5.6B | 2.2% | 38.0% | 7 | Sustainable |
TROW Annual Dividend History (1986–2026)
41 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.60 | — | 2 | — | — | — | 1.8% |
| 2025 | $5.08 | 2.4% | 4 | $9.25 | 54.9% | 1.82x | 3.4% |
| 2024 | $4.96 | 1.6% | 4 | $9.15 | 54.2% | 1.84x | 3.4% |
| 2023 | $4.88 | 1.7% | 4 | $7.76 | 62.9% | 1.59x | 3.3% |
| 2022 | $4.80 | -34.4% | 4 | $6.70 | 71.6% | 1.40x | 3.3% |
| 2021 | $7.32 | 103.3% | 5 | $13.12 | 55.8% | 1.79x | 5.0% |
| 2020 | $3.60 | 18.4% | 4 | $9.98 | 36.1% | 2.77x | 2.4% |
| 2019 | $3.04 | 8.6% | 4 | $8.70 | 34.9% | 2.86x | 2.1% |
| 2018 | $2.80 | 22.8% | 4 | $7.27 | 38.5% | 2.60x | 1.9% |
| 2017 | $2.28 | 5.6% | 4 | $5.97 | 38.2% | 2.62x | 1.5% |
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into TROW consensus models and risk factors.
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Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
40+ years return with dividends reinvested.
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DCA Calculator
See how regular investing compounds over time.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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TROW — Frequently Asked Questions
Quick answers to the most common questions about buying TROW stock.
How much dividend does TROW pay per share?
T. Rowe Price Group, Inc. (TROW) pays a trailing 12-month dividend of $5.11 per share, with a current dividend yield of +4.7%. Payments are made Semi-Annual.
When is TROW's next ex-dividend date?
TROW's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. TROW typically pays dividends Semi-Annual.
Is TROW's dividend safe?
TROW's dividend safety is rated "Sustainable" based on an earnings payout ratio of +54.8% and FCF payout ratio of +47.5%. With 38 consecutive years of dividend growth, the track record supports sustainability.
Is TROW a Dividend Aristocrat?
Yes, T. Rowe Price Group, Inc. is classified as a Dividend Aristocrat with 38 consecutive years of dividend increases. The 5-year dividend CAGR is +7.1%, demonstrating above-inflation dividend growth.
How often does TROW pay dividends?
T. Rowe Price Group, Inc. pays dividends Semi-Annual. The trailing 12-month total is $5.11 per share. Dividend data on this page covers 40+ years from 1986 to 2026.
How much would $10,000 invested in TROW grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in TROW five years ago would be worth approximately $7,111 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is TROW's yield on cost for long-term holders?
TROW's yield on cost — the current dividend divided by the original purchase price — is +3.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +4.7% market yield, thanks to consistent dividend growth.