T. Rowe Price Group, Inc.
TROW39 yrs growthFinancial Services · Stock · quarterly payer
Forward Yield
4.75%
Annual Dividend
$5.20
Payout Ratio
52%
5-Yr Growth
7.1%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Summary
As of September 2026, T. Rowe Price Group, Inc. (TROW) yields 4.75% ($5.20 per share annually), with a blended fair-value estimate of $68.19 — -39% downside, so it screens as overvalued. Dividend safety grade: A (91/100). 39 years of dividend growth.
Is TROW a good dividend stock?
YesT. Rowe Price Group, Inc. (TROW) pays a quarterly dividend yielding 4.75% ($5.20/yr), with 39 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Dividend Aristocrat — 39 consecutive years of growth
- Never cut its dividend on record
- Comfortable payout ratio (52%)
- Strong 7.1% 5-yr dividend growth
- Top-tier dividend safety score
Risks
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 4.75%
- Payout Ratio
- 52%
- Annual Dividend
- $5.20
- 5-Yr Avg Growth
- 7.1%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 39
- Frequency
- quarterly
- Beta
- 1.48
- Market Cap
- $23.7B
- P/E Ratio
- 11.0
- 5-Yr Total Return
- -43%
- 52-Week Range
- $85.22 – $122.00
- Dividend Safety
- A · 91/100
- Ever Cut?
- No
Frequently Asked Questions
TROW Price — Last 12 Months
Daily close
Price Return
1 Year
+8%
3 Years
+6%
5 Years
-43%
52-Week Range
$85.22 – $122.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TROW worth?
Overvaluedhigh confidenceOur blended fair-value estimate for T. Rowe Price Group, Inc. is $68.19 per share, versus a market price of $111.24. That implies 39% of downside.
Fair Value
$68.19
Current Price
$111.24
Downside
-39%
Margin of Safety
-63%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 13.4% annual free-cash-flow growth. We model 0.3% — so the price already assumes faster growth than we think is likely.
Assumptions: 11.7% discount rate (CAPM), 0.3% stage-1 growth, 2.5% terminal growth, $9.86 EPS, $5.20 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TROW Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 15, 2026 | — | $1.3000 | regular |
| Mar 16, 2026 | — | $1.3000 | regular |
| Dec 15, 2025 | — | $1.2700 | regular |
| Sep 15, 2025 | — | $1.2700 | regular |
| Jun 13, 2025 | — | $1.2700 | regular |
| Mar 14, 2025 | — | $1.2700 | regular |
| Dec 13, 2024 | — | $1.2400 | regular |
| Sep 13, 2024 | — | $1.2400 | regular |
| Jun 14, 2024 | — | $1.2400 | regular |
| Mar 14, 2024 | — | $1.2400 | regular |
| Dec 14, 2023 | — | $1.2200 | regular |
| Sep 14, 2023 | — | $1.2200 | regular |
| Jun 14, 2023 | — | $1.2200 | regular |
| Mar 14, 2023 | — | $1.2200 | regular |
Income Calculator
At $5.20 / yr per share
