T. Rowe Price Group, Inc. ( TROW ) will begin trading ex-dividend on December 12, 2013. A cash dividend payment of $0.38 per share is scheduled to be paid on December 27, 2013. Shareholders who purchased TROW stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that TROW has paid the same dividend. At the current stock price of $79.52, the dividend yield is 1.91%.
The previous trading day's last sale of TROW was $79.52, representing a -2.57% decrease from the 52 week high of $81.62 and a 25.11% increase over the 52 week low of $63.56.
TROW is a part of the Finance sector, which includes companies such as Goldman Sachs Group, Inc. ( GS ) and Morgan Stanley ( MS ). TROW's current earnings per share, an indicator of a company's profitability, is $3.71. Zacks Investment Research reports TROW's forecasted earnings growth in 2013 as 13.93%, compared to an industry average of 10.1%.
Interested in gaining exposure to TROW through an Exchange Traded Fund [ETF]?
The following ETF(s) have TROW as a top-10 holding:
- PowerShares KBW Capital Markets Portfolio ( KBWC )
- SPDR S&P Capital Markets ETF ( KCE )
- iShares Russell MidCap Growth Index Fund ( IWP ).
The top-performing ETF of this group is KBWC with an increase of 19.91% over the last 100 days. It also has the highest percent weighting of TROW at 4.01%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.