BALTIMORE, Aug. 24, 2016 /PRNewswire/ -- T. Rowe Price
Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of
Directors has declared a quarterly dividend of $0.54 per share payable September 29, 2016 to stockholders of record as
of the close of business on September 15,
2016.
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc.
(troweprice.com) is a global investment management
organization with $776.6 billion in
assets under management as of June 30,
2016. 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 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.