T. Rowe Price: Dividend Stock Analysis

T. Rowe Price Group, Inc. (TROW) 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 is a dividend achiever which has increased distributions for 24 years in a row. The most recent dividend increase was in February, when the Board of Directors approved a 14.80% increase to 31 cents/share. The major competitors of T. Rowe Price Group include Blackrock Inc (BLK), Eaton Vance (EV) and Franklin Resources (BEN).Over the past decade this dividend stock has delivered an annualized total return of 13.90% to its loyal shareholders. Click to enlarge:The company has managed to deliver an impressive increase in EPS of 14.30% per year since 2001. Analysts expect T.Rowe Price Group to earn $3.23 per share in 2011 and $3.81 per share in 2012. This would be a nice increase from the... Read more

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