T. Rowe Price Group, Inc. ( TROW ) will begin trading ex-dividend on June 11, 2013. A cash dividend payment of $0.38 per share is scheduled to be paid on June 27, 2013. Shareholders who purchased TROW stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.76% increase over the same period a year ago. At the current stock price of $75.68, the dividend yield is 2.01%.
The previous trading day's last sale of TROW was $75.68, representing a -5.55% decrease from the 52 week high of $80.13 and a 31.71% increase over the 52 week low of $57.46.
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 $3.52. Zacks Investment Research reports TROW's forecasted earnings growth in 2013 as 15.49%, compared to an industry average of 10.9%.
For more information on the declaration, record and payment dates, visit the TROW Dividend History page.
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 )
- PowerShares Fundamental Pure Mid Growth Portfolio ( PXMG )
- iShares Russell MidCap Growth Index Fund ( IWP ).
The top-performing ETF of this group is KBWC with an increase of 21.81% over the last 100 days. It also has the highest percent weighting of TROW at 4.39%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.