T. Rowe Price Group Stock To Go Ex-dividend Monday (TROW)
The ex-dividend date for T. Rowe Price Group (Nasdaq:TROW) is Monday, December 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $56.88 as of 9:30 a.m., the dividend yield is 2.1%.
NEW YORK ( TheStreet) -- The ex-dividend date for T. Rowe Price Group (Nasdaq: TROW) is Monday, December 12, 2011. Owners of shares as of market close today will be eligible for a dividend of 31 cents per share. At a price of $56.88 as of 9:30 a.m. ET, the dividend yield is 2.1%. The average volume for T. Rowe Price Group has been 2.8 million shares per day over the past 30 days. T. Rowe Price Group has a market cap of $14.61 billion and is part of the financial sector and financial services industry. Shares are down 11.7% year to date as of the close of trading on Thursday. T. Rowe Price Group, Inc. is a publicly owned asset management holding company. The firm primarily provides its services to individual and institutional investors, retirement plans, and financial intermediaries. The company has a P/E ratio of 20.3, above the average financial services industry P/E ratio of 19.9 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates T. Rowe Price Group as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full T. Rowe Price Group Ratings Report. See our dividend calendar or top-yielding stocks list.