Today T. Rowe Price Group, Inc. announced a dividend increase of from $ 0.54 to $ 0.57 per share that’s payable March 30, 2017 to holders of record March 16, 2017. This represents a 5.56% increase to regular quarterly dividends. This will mark the 31st consecutive year since the firm's initial public offering that the company will have increased its regular annual dividend.
With current price $ 71.00 (today's open), this raise brings their dividend yield to 3.21%.
Since I own 55 shares of TROW, this will increase my yearly net dividends by $ 4.92.
That increase rises my YOC to 3.07%
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You can follow the development of my dividends here.
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