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Why T Rowe Price Group is a Top Socially Responsible Dividend Stock (TROW)

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T Rowe Price Group Inc. (Symbol: TROW) has been named a Top Socially Responsible Dividend Stock by Dividend Channel , signifying a stock with above-average ''DividendRank'' statistics including a strong 2.2% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources. Social criteria include elements such as human rights, child labor, corporate diversity, and the company's impact on society - for instance, taken into consideration would be business activities tied to weapons, gambling, tobacco, and alcohol.

According to the ETF Finder at ETF Channel , T Rowe Price Group Inc. is a member of the iShares USA ESG Select ETF ( SUSA ), making up 0.23% of the underlying holdings of the fund, which owns $2,236,796 worth of TROW shares.

The annualized dividend paid by T Rowe Price Group Inc. is $2.28/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/13/2017. Below is a long-term dividend history chart for TROW, which the DividendRank report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.

TROW+Dividend+History+Chart

TROW operates in the Asset Management sector, among companies like Ameriprise Financial Inc ( AMP ), and Franklin Resources, Inc. ( BEN ).

Top 25 Socially Responsible Dividend Stocks - Income To Feel Good About »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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