T. Rowe Price Group, Inc. Increases Dividend by 4%

T. Rowe Price Group, Inc. is a publicly owned investment manager. The company was founded in 1937 and manages money for individual through mutual funds along with providing advice to institutional investors.

T. Rowe Price Group, Inc. was our September dividend stock of the month;  Read full analysis at; http://seekingalpha.com/article/4008801-t-rowe-price-preeminent-financial-services-dividend-firm

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T. Rowe Price Group Incorporated announced a regular quarterly dividend of $0.54, a 4 percent increase from the prior rate of $0.52 per share. The dividend will be paid at the new higher rate on March 30, 2016, to shareholders of record at close of business on March 16, 2016. T. Rowe Price Group Inc. is a member of the Top 100 dividend growth candidates.

Date Quarterly Dividend
3/16/2016 0.54
12/14/2015 0.52
9/11/2015 0.52
6/11/2015 0.52
4/7/2015 2
3/12/2015 0.52
12/12/2014 0.44
9/11/2014 0.44
6/11/2014 0.44
3/12/2014 0.44
12/12/2013 0.38
9/11/2013 0.38
6/11/2013 0.38
3/11/2013 0.38
12/12/2012 0.34
9/11/2012 0.34
6/12/2012 0.34
3/13/2012 0.34
12/12/2011 0.31
9/12/2011 0.31
6/10/2011 0.31
3/11/2011 0.31
12/10/2010 0.27
9/10/2010 0.27
6/10/2010 0.27
3/12/2010 0.27
Category Value Score
Dividend Yield 3.04% 122
Dividend Growth (3-6 year avg) 5.5%  73
Forward P/E 12.28  45
S&P Financial Rating A  160
Beta 1.10  200
Total Score    600

Additional Information on P/S ratio and historical yield;

Price 2/18/16 % Yield 6 Year Div. Growth Rate  BV 2016 P/BV Ratio 10 yr P/BV  Low 10 yr P/BV  High 5 yr max Yield % 5 yr lowest Yield %
$69.43 3.04% 7.5% 18.15 3.73 2.20 6.24 3.17% 1.52%

Based upon its above average yield, low P/E, and continuity in steep dividend increases, T. Rowe Price qualifies as one of our Top 100 Dividend Stocks

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Explanation:  Dividend growth financial stocks may be valued upon historical relative price/book value and current yield analysis. Dividend financial stocks trading at a low historical price/book value (P/BV) ratio should be viewed more highly to investors due to their depressed valuation versus other higher P/BV ratio stocks.  Max P/BV price target is based upon company reaching its highest historical P/BV ratio.  Dividend stocks should also be viewed favorably when the current yield is above historical readings for the past 10 years. Further information on evaluating dividend growth candidates can be found at http://seekingalpha.com/author/timothy-mcintosh/articles

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