BALTIMORE, April 23, 2015 /PRNewswire/ -- T. Rowe Price
Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of
Directors has declared a quarterly dividend of $0.52 per share payable June 29, 2015 to stockholders of record as of the
close of business on June 15,
2015.
Additionally, at its annual meeting today, T. Rowe Price Group
stockholders reelected all 12 nominees to the Board of Directors;
approved, by a non-binding advisory vote, the 2014 compensation
paid to the company's named executive officers; and ratified the
reappointment of KPMG LLP as the company's independent registered
public accounting firm for 2015.
Founded in 1937, Baltimore-based T.
Rowe Price (troweprice.com) is a global investment
management organization with $772.7
billion in assets under management as of March 31, 2015. The organization provides a broad
array of mutual funds, subadvisory services, and separate account
management for individual and institutional investors, retirement
plans, and financial intermediaries. The company also offers a
variety of sophisticated investment planning and guidance tools.
T. Rowe Price's disciplined,
risk-aware investment approach focuses on diversification, style
consistency, and fundamental research.
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SOURCE T. Rowe Price Group, Inc.