Why T Rowe Price Group Is A Top 25 SAFE Dividend Stock
T Rowe Price
According to the ETF Finder at ETF Channel, T Rowe Price Group Inc. is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.18% of the SPDR S&P Dividend ETF (SDY), which holds $245,090,445 worth of TROW shares.
T Rowe Price Group made the “Dividend Channel S.A.F.E. 25” list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.
The annualized dividend paid by T Rowe Price Group Inc. is $4.8/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 06/14/2022. Below is a long-term dividend history chart for TROW, which the report stressed as being of key importance.