T. Rowe Price Group, Inc. (TROW) Dividend History
TROW latest dividend
$1.30last dividend per share
Ex-dividend dateSep 15Tuesday, 2026
Payment dateSep 29Tuesday, 2026
The next dividend has not been announced yet.
- 3 yearsof dividend increases
- 1986paying since
- Quarterly4 payments a year
- +7.1%5-year growth a year
- 5.15%forward yield
TROW dividend income calculator
- Dividend income a year
- $520
- Each payment
- $130
- Value of the shares
- $10,097
- Dividend yield
- 5.15%
At the latest close; forward annual dividend $5.20 per share, before tax.
TROW dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
TROW dividend safety
Payout ratio (earnings)50.0%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)77.3%
Stretched · of fiscal 2025 free cash flow
Dividend growth (5 years)+7.1%
Growing · a year on average
Years of increases3
Short record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
TROW yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $103.70 | 5.01% | $5.17 | 5.0% |
| 3 years ago | $98.05 | 5.30% | $15.16 | 15.5% |
| 5 years ago | $200.14 | 2.60% | $24.70 | 12.3% |
| 10 years ago | $65.21 | 7.97% | $43.20 | 66.2% |
| 20 years ago | $48.06 | 10.82% | $59.74 | 124.3% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
TROW dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
TROW dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $5.08 | +2.4% | 4.96% | 4 |
| 2024 | $4.96 | +1.6% | 4.39% | 4 |
| 2023 | $4.88 | +1.7% | 4.53% | 4 |
| 2022 | $4.80 | −34.4% | 4.40% | 4 |
| 2021 | $7.32 | — | 3.72% | 5 |
| 2020 | $3.60 | +18.4% | 2.38% | 4 |
| 2019 | $3.04 | +8.6% | 2.50% | 4 |
| 2018 | $2.80 | +22.8% | 3.03% | 4 |
| 2017 | $2.28 | +5.6% | 2.17% | 4 |
| 2016 | $2.16 | −47.1% | 2.87% | 4 |
| 2015 | $4.08 | — | 5.71% | 5 |
| 2014 | $1.76 | +15.8% | 2.05% | 4 |
| 2013 | $1.52 | −35.6% | 1.81% | 4 |
| 2012 | $2.36 | — | 3.62% | 5 |
| 2011 | $1.24 | +14.8% | 2.18% | 4 |
| 2010 | $1.08 | +8.0% | 1.67% | 4 |
| 2009 | $1.00 | +4.2% | 1.88% | 4 |
| 2008 | $0.96 | +28.0% | 2.71% | 4 |
| 2007 | $0.75 | +44.2% | 1.23% | 4 |
| 2006 | $0.52 | — | 1.19% | 4 |
TROW dividend history
171 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-09-15 | 2026-09-29 | $1.30 | — | Quarterly |
| 2026-06-15 | 2026-06-29 | $1.30 | — | Quarterly |
| 2026-03-16 | 2026-03-30 | $1.30 | +2.4% | Quarterly |
| 2025-12-15 | 2025-12-30 | $1.27 | — | Quarterly |
| 2025-09-15 | 2025-09-29 | $1.27 | — | Quarterly |
| 2025-06-13 | 2025-06-27 | $1.27 | — | Quarterly |
| 2025-03-14 | 2025-03-28 | $1.27 | +2.4% | Quarterly |
| 2024-12-13 | 2024-12-27 | $1.24 | — | Quarterly |
| 2024-09-13 | 2024-09-27 | $1.24 | — | Quarterly |
| 2024-06-14 | 2024-06-27 | $1.24 | — | Quarterly |
| 2024-03-14 | 2024-03-28 | $1.24 | +1.6% | Quarterly |
| 2023-12-14 | 2023-12-29 | $1.22 | — | Quarterly |
| 2023-09-14 | 2023-09-28 | $1.22 | — | Quarterly |
| 2023-06-14 | 2023-06-29 | $1.22 | — | Quarterly |
| 2023-03-14 | 2023-03-30 | $1.22 | +1.7% | Quarterly |
| 2022-12-15 | 2022-12-29 | $1.20 | — | Quarterly |
Show all 171 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-09-14 | 2022-09-29 | $1.20 | — | Quarterly |
| 2022-06-14 | 2022-06-29 | $1.20 | — | Quarterly |
| 2022-03-14 | 2022-03-30 | $1.20 | +11.1% | Quarterly |
| 2021-12-15 | 2021-12-30 | $1.08 | — | Quarterly |
| 2021-09-14 | 2021-09-29 | $1.08 | −64.0% | Quarterly |
| 2021-06-24 | 2021-07-07 | $3.00 | +177.8% | |
| 2021-06-14 | 2021-06-29 | $1.08 | — | Quarterly |
| 2021-03-15 | 2021-03-30 | $1.08 | +20.0% | Quarterly |
| 2020-12-14 | 2020-12-30 | $0.9 | — | Quarterly |
| 2020-09-14 | 2020-09-29 | $0.9 | — | Quarterly |
| 2020-06-12 | 2020-06-30 | $0.9 | — | Quarterly |
| 2020-03-13 | 2020-03-30 | $0.9 | +18.4% | Quarterly |
| 2019-12-13 | 2019-12-30 | $0.76 | — | Quarterly |
| 2019-09-12 | 2019-09-27 | $0.76 | — | Quarterly |
| 2019-06-13 | 2019-06-28 | $0.76 | — | Quarterly |
| 2019-03-14 | 2019-03-29 | $0.76 | +8.6% | Quarterly |
| 2018-12-13 | 2018-12-28 | $0.7 | — | Quarterly |
| 2018-09-13 | 2018-09-28 | $0.7 | — | Quarterly |
| 2018-06-14 | 2018-06-29 | $0.7 | — | Quarterly |
| 2018-03-14 | 2018-03-29 | $0.7 | +22.8% | Quarterly |
| 2017-12-13 | 2017-12-28 | $0.57 | — | Quarterly |
| 2017-09-13 | 2017-09-28 | $0.57 | — | Quarterly |
| 2017-06-13 | 2017-06-29 | $0.57 | — | Quarterly |
| 2017-03-14 | 2017-03-30 | $0.57 | +5.6% | Quarterly |
| 2016-12-13 | 2016-12-29 | $0.54 | — | Quarterly |
| 2016-09-13 | 2016-09-29 | $0.54 | — | Quarterly |
| 2016-06-13 | 2016-06-29 | $0.54 | — | Quarterly |
| 2016-03-14 | 2016-03-30 | $0.54 | +3.8% | Quarterly |
| 2015-12-14 | 2015-12-30 | $0.52 | — | Quarterly |
| 2015-09-11 | 2015-09-29 | $0.52 | — | Quarterly |
| 2015-06-11 | 2015-06-29 | $0.52 | −74.0% | Quarterly |
| 2015-04-07 | 2015-04-23 | $2.00 | +284.6% | |
| 2015-03-12 | 2015-03-30 | $0.52 | +18.2% | Quarterly |
| 2014-12-12 | 2014-12-30 | $0.44 | — | Quarterly |
| 2014-09-11 | 2014-09-29 | $0.44 | — | Quarterly |
| 2014-06-11 | 2014-06-27 | $0.44 | — | Quarterly |
| 2014-03-12 | 2014-03-28 | $0.44 | +15.8% | Quarterly |
| 2013-12-12 | 2013-12-27 | $0.38 | — | Quarterly |
| 2013-09-11 | 2013-09-27 | $0.38 | — | Quarterly |
| 2013-06-11 | 2013-06-27 | $0.38 | — | Quarterly |
| 2013-03-11 | 2013-03-27 | $0.38 | −62.0% | Quarterly |
| 2012-12-13 | 2012-12-28 | $1.00 | +194.1% | |
| 2012-12-12 | 2012-12-27 | $0.34 | — | Quarterly |
| 2012-09-11 | 2012-09-27 | $0.34 | — | Quarterly |
| 2012-06-12 | 2012-06-28 | $0.34 | — | Quarterly |
| 2012-03-13 | 2012-03-29 | $0.34 | +9.7% | Quarterly |
| 2011-12-12 | 2011-12-28 | $0.31 | — | Quarterly |
| 2011-09-12 | 2011-09-28 | $0.31 | — | Quarterly |
| 2011-06-10 | 2011-06-28 | $0.31 | — | Quarterly |
| 2011-03-11 | 2011-03-29 | $0.31 | +14.8% | Quarterly |
| 2010-12-10 | 2010-12-28 | $0.27 | — | Quarterly |
| 2010-09-10 | 2010-09-28 | $0.27 | — | Quarterly |
| 2010-06-10 | 2010-06-28 | $0.27 | — | Quarterly |
| 2010-03-12 | 2010-03-29 | $0.27 | +8.0% | Quarterly |
| 2009-12-11 | 2009-12-29 | $0.25 | — | Quarterly |
| 2009-09-10 | 2009-09-28 | $0.25 | — | Quarterly |
| 2009-06-11 | 2009-06-29 | $0.25 | — | Quarterly |
| 2009-03-12 | 2009-03-30 | $0.25 | +4.2% | Quarterly |
| 2008-12-16 | 2008-12-30 | $0.24 | — | Quarterly |
| 2008-09-11 | 2008-09-29 | $0.24 | — | Quarterly |
| 2008-06-12 | 2008-06-27 | $0.24 | — | Quarterly |
| 2008-03-12 | 2008-03-28 | $0.24 | — | Quarterly |
| 2007-12-26 | 2008-01-11 | $0.24 | +41.2% | Quarterly |
| 2007-09-19 | 2007-10-05 | $0.17 | — | Quarterly |
| 2007-06-20 | 2007-07-09 | $0.17 | — | Quarterly |
| 2007-03-21 | 2007-04-09 | $0.17 | — | Quarterly |
| 2006-12-27 | 2007-01-12 | $0.17 | +21.4% | Quarterly |
| 2006-09-26 | 2006-10-12 | $0.14 | +100.0% | Quarterly |
| 2006-06-22 | 2006-07-11 | $0.07 | −50.0% | Quarterly |
| 2006-03-22 | 2006-04-07 | $0.14 | — | Quarterly |
| 2005-12-28 | 2006-01-13 | $0.14 | +21.7% | Quarterly |
| 2005-09-22 | 2005-10-07 | $0.115 | — | Quarterly |
| 2005-06-22 | 2005-07-08 | $0.115 | — | Quarterly |
| 2005-03-22 | 2005-04-08 | $0.115 | — | Quarterly |
| 2004-12-22 | 2005-01-10 | $0.115 | +21.1% | Quarterly |
| 2004-09-23 | 2004-10-08 | $0.095 | — | Quarterly |
| 2004-06-23 | 2004-07-09 | $0.095 | — | Quarterly |
| 2004-03-19 | 2004-04-06 | $0.095 | — | Quarterly |
| 2003-12-23 | 2004-01-09 | $0.095 | +11.8% | Quarterly |
| 2003-09-24 | 2003-10-10 | $0.085 | — | Quarterly |
| 2003-06-18 | 2003-07-07 | $0.085 | — | Quarterly |
| 2003-03-19 | 2003-04-04 | $0.085 | — | Quarterly |
| 2002-12-24 | 2003-01-13 | $0.085 | +6.2% | Quarterly |
| 2002-09-25 | 2002-10-11 | $0.08 | — | Quarterly |
| 2002-06-19 | 2002-07-08 | $0.08 | — | Quarterly |
| 2002-03-19 | 2002-04-05 | $0.08 | — | Quarterly |
| 2001-12-24 | 2002-01-11 | $0.08 | +6.7% | Quarterly |
| 2001-09-19 | 2001-10-05 | $0.075 | — | Quarterly |
| 2001-06-20 | 2001-07-06 | $0.075 | — | Quarterly |
| 2001-03-21 | 2001-04-06 | $0.075 | — | Quarterly |
| 2000-12-27 | 2001-01-12 | $0.075 | +15.4% | Quarterly |
| 2000-09-20 | 2000-10-06 | $0.065 | — | |
| 2000-06-21 | 2000-07-07 | $0.065 | — | |
| 2000-03-22 | 2000-04-07 | $0.065 | — | |
| 1999-12-23 | 2000-01-12 | $0.065 | +30.0% | |
| 1999-09-22 | 1999-10-08 | $0.05 | — | |
| 1999-06-21 | 1999-07-08 | $0.05 | — | |
| 1999-03-23 | 1999-04-09 | $0.05 | — | |
| 1998-12-23 | 1999-01-12 | $0.05 | +17.6% | |
| 1998-09-23 | 1998-10-09 | $0.0425 | — | |
| 1998-06-18 | 1998-07-07 | $0.0425 | — | |
| 1998-03-19 | 1998-04-06 | $0.0425 | — | |
| 1997-12-24 | 1998-01-13 | $0.0425 | +30.8% | |
| 1997-09-24 | 1997-10-10 | $0.0325 | — | |
| 1997-06-19 | 1997-07-07 | $0.0325 | — | |
| 1997-03-19 | 1997-04-07 | $0.0325 | — | |
| 1996-12-26 | 1997-01-14 | $0.0325 | −69.1% | |
| 1996-12-24 | — | $0.1052 | +300.8% | |
| 1996-09-25 | 1996-10-11 | $0.0262 | −75.0% | |
| 1996-09-19 | — | $0.1052 | +300.8% | |
| 1996-06-20 | 1996-07-08 | $0.0262 | −87.5% | |
| 1996-06-19 | — | $0.21 | −0.2% | |
| 1996-03-26 | — | $0.2104 | +701.5% | |
| 1996-03-20 | 1996-04-08 | $0.0262 | — | |
| 1995-12-26 | 1996-01-12 | $0.0262 | +31.2% | |
| 1995-09-27 | 1995-10-13 | $0.02 | — | |
| 1995-06-20 | 1995-07-07 | $0.02 | −87.5% | |
| 1995-06-19 | — | $0.16 | — | |
| 1995-03-23 | — | $0.16 | +700.0% | |
| 1995-03-20 | 1995-04-07 | $0.02 | — | |
| 1994-12-22 | 1995-01-13 | $0.02 | +23.1% | |
| 1994-09-26 | 1994-10-14 | $0.0163 | — | |
| 1994-06-17 | 1994-07-08 | $0.0163 | — | |
| 1994-03-18 | 1994-04-08 | $0.0163 | — | |
| 1993-12-23 | 1994-01-14 | $0.0163 | +23.8% | |
| 1993-09-24 | 1993-10-14 | $0.0131 | — | |
| 1993-06-18 | 1993-07-09 | $0.0131 | — | |
| 1993-03-19 | 1993-04-08 | $0.0131 | — | |
| 1992-12-21 | 1993-01-12 | $0.0131 | +16.7% | |
| 1992-09-24 | 1992-10-14 | $0.0112 | — | |
| 1992-06-19 | 1992-07-10 | $0.0112 | — | |
| 1992-03-23 | 1992-04-10 | $0.0112 | — | |
| 1991-12-20 | 1992-01-13 | $0.0112 | +9.1% | |
| 1991-09-23 | 1991-10-11 | $0.0103 | — | |
| 1991-06-17 | 1991-07-08 | $0.0103 | — | |
| 1991-03-18 | 1991-04-08 | $0.0103 | — | |
| 1990-12-20 | 1991-01-11 | $0.0103 | +9.9% | |
| 1990-09-24 | 1990-10-12 | $0.0094 | — | |
| 1990-06-15 | 1990-07-06 | $0.0094 | — | |
| 1990-03-16 | 1990-04-06 | $0.0094 | — | |
| 1989-12-22 | 1990-01-12 | $0.0094 | +114.2% | |
| 1989-09-22 | 1989-10-13 | $0.0044 | −33.2% | |
| 1989-06-16 | 1989-07-07 | $0.0066 | — | |
| 1989-03-22 | 1989-04-07 | $0.0066 | — | |
| 1988-12-23 | 1989-01-13 | $0.0066 | +49.8% | |
| 1988-09-26 | 1988-10-14 | $0.0044 | — | |
| 1988-06-20 | 1988-07-08 | $0.0044 | — | |
| 1988-03-21 | 1988-04-08 | $0.0044 | — | |
| 1987-12-24 | 1988-01-14 | $0.0044 | +39.9% | |
| 1987-09-21 | 1987-10-09 | $0.0031 | — | |
| 1987-06-22 | 1987-07-09 | $0.0031 | — | |
| 1987-03-23 | 1987-04-08 | $0.0031 | — | |
| 1986-12-19 | 1987-01-12 | $0.0031 | −92.5% | |
| 1986-09-22 | — | $0.0416 | — | |
| 1986-06-23 | — | $0.0416 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
TROW stock split history
- 2:1June 26, 2006
- 2:1May 1, 1998
- 2:1May 1, 1996
- 2:1December 1, 1993
- 2:1January 2, 1990
TROW dividend overview
T. Rowe Price pays an annual dividend of $5.20 per share, a yield of 5.15% at the latest close, paid quarterly. It paid $5.08 per share in 2025, up 2.4% from 2024. It has raised its dividend for 3 consecutive years. Over five years the dividend grew 7.1% a year on average and over ten years 2.2% a year. The payout ratio is 50.0% of trailing earnings.
Related: TROW cash flow statement, TROW key metrics, TROW chart. See the TROW stock overview for the latest quote and news.
TROW dividends FAQ
Does T. Rowe Price pay a dividend?
Yes. T. Rowe Price has paid a regular dividend since 1986, quarterly, most recently $1.30 per share with an ex-dividend date of September 15, 2026.
What is T. Rowe Price's dividend yield?
T. Rowe Price's forward annual dividend is $5.20 per share, a dividend yield of 5.15% at the latest close of $100.97.
How often does T. Rowe Price pay dividends?
T. Rowe Price pays dividends quarterly.
How fast is T. Rowe Price's dividend growing?
T. Rowe Price's dividend per share grew from $3.60 in 2020 to $5.08 in 2025, 7.1% a year on average over five years; it has increased for 3 years in a row.
What is T. Rowe Price's dividend payout ratio?
T. Rowe Price pays out 50.0% of its trailing earnings as dividends and 77.3% of its free cash flow (fiscal 2025).
Has T. Rowe Price split its stock?
T. Rowe Price has split its stock 5 times: 2:1 on June 26, 2006, 2:1 on May 1, 1998, 2:1 on May 1, 1996, 2:1 on December 1, 1993, 2:1 on January 2, 1990. Dividends per share on this page are adjusted for splits.