TROW Dividend History & Analysis | 5.1% Yield

TROW has a dividend yield of 5.1% and paid 5.14 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 5.09%
Payout Ratio 49.7%
Growth Rate CAGR 5y 2.4%
Consistency Lifetime 100%
Yield on Cost 5y 3%
Payout FCF 52.7%
Streak Years 5
Dividend Rating 61.2%
Chowder Number yield + growth 7.5% below 12% target for healthy growth
Yield vs Average 5y +27.2% avg 4% vs now 5.09%
Debt / EBITDA leverage -1.0x healthy
Income per 10k invested 509 USD per year
Ex-Dividend in 22 days: Buy before Sep 15, 2026 to receive the next dividend.
Dividends Cash Amount per Share Yearly TROW annual dividends paid per share, showing the total cash T. Rowe Price distributed to shareholders each year.
Dividend Growth Year over Year TROW year-over-year dividend growth rate, showing how T. Rowe Price's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History TROW dividend yield history versus share price over the past 5 years, showing how T. Rowe Price's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) ■ Price (left)

Top Dividend Payers in Asset Management & Custody Banks

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ECAT NYSE
BlackRock ESG Capital		 1,540 M 21.45% 33.79%
BCAT NYSE
BlackRock Capital		 1,647 M 20.92% 30.08%
TRIN NASDAQ
Trinity Capital		 1,642 M 15.19% 32.50%
CION NYSE
Cion Investment		 382 M 18.14% 25.98%
FSK NYSE
FS KKR Capital		 3,333 M 17.99% 21.07%
RWAY NASDAQ
Runway Growth Finance		 280 M 17.97% 20.51%
MSIF NYSE
MSC Income Fund		 564 M 10.46% 32.75%
TYG NYSE
Tortoise Energy		 1,089 M 11.13% 30.42%
FBRT NYSE
BSP Realty Trust		 670 M 11.70% 27.34%
BCSF NYSE
Bain Capital Specialty		 782 M 14.24% 22.16%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
ECAT NYSE
BlackRock ESG Capital		 1,540 M 44.67% 91.7%
BCAT NYSE
BlackRock Capital		 1,647 M 38.22% 100.0%
KBDC NYSE
Kayne Anderson BDC		 881 M 35.03% 100.0%
SLRC NASDAQ
SLR Investment		 690 M 35.11% 98.3%
VCTR NASDAQ
Victory Capital Holdings		 6,956 M 24.64% 100.0%
OWL NYSE
Blue Owl Capital		 29,845 M 23.96% 100.0%
MSIF NYSE
MSC Income Fund		 564 M 29.23% 100.0%
STEP NASDAQ
Stepstone		 6,439 M 23.52% 98.9%
BXSL NYSE
Blackstone Secured Lending		 5,747 M 25.33% 90.8%
ARES NYSE
Ares Management		 47,505 M 21.11% 100.0%

TROW Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb - -
Mar 1.18% 100
Apr - -
May - -
Jun 1.17% 100
Jul - -
Aug - -
Sep 1.01% 100
Oct - -
Nov - -
Dec 1.01% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 21 Payments (USD) as of August 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-09-15 2026-09-15 2026-09-29 Quarterly 1.3 0% N/A
2026-06-15 2026-06-15 2026-06-29 Quarterly 1.3 0% 1.19%
2026-03-16 2026-03-16 2026-03-30 Quarterly 1.3 +2.4% 1.47%
2025-12-15 2025-12-15 2025-12-30 Quarterly 1.27 0% 1.22%
2025-09-15 2025-09-15 2025-09-29 Quarterly 1.27 0% 1.21%
2025-06-13 2025-06-13 2025-06-27 Quarterly 1.27 0% 1.38%
2025-03-14 2025-03-14 2025-03-28 Quarterly 1.27 +2.4% 1.38%
2024-12-13 2024-12-13 2024-12-27 Quarterly 1.24 0% 1.04%
2024-09-13 2024-09-13 2024-09-27 Quarterly 1.24 0% 1.19%
2024-06-14 2024-06-14 2024-06-27 Quarterly 1.24 0% 1.09%
2024-03-14 2024-03-15 2024-03-28 Quarterly 1.24 +1.6% 1.06%
2023-12-14 2023-12-15 2023-12-29 Quarterly 1.22 0% 1.17%
2023-09-14 2023-09-15 2023-09-28 Quarterly 1.22 0% 1.12%
2023-06-14 2023-06-15 2023-06-29 Quarterly 1.22 0% 1.1%
2023-03-14 2023-03-15 2023-03-30 Quarterly 1.22 +1.7% 1.12%
2022-12-15 2022-12-16 2022-12-29 Quarterly 1.2 0% 1.05%
2022-09-14 2022-09-15 2022-09-29 Quarterly 1.2 0% 1.04%
2022-06-14 2022-06-15 2022-06-29 Quarterly 1.2 0% 1.12%
2022-03-14 2022-03-15 2022-03-30 Quarterly 1.2 +11.1% 0.88%
2021-12-15 2021-12-16 2021-12-30 Quarterly 1.08 0% 0.57%
2021-09-14 2021-09-15 2021-09-29 Quarterly 1.08 0% 0.5%

TROW Dividend FAQ

What is the Dividend Yield of TROW?

As of August 2026, TROW's dividend yield is 5.09%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.14 USD by the current share price of 111.51.

Does TROW pay a dividend?

As of August 2026, TROW paid a dividend of 5.14 USD in the last 12 months. The last dividend was paid on 2026-09-15 and the payout was 1.3 USD.

How often does TROW pay dividends?

TROW pays dividends quarterly. Over the last 12 months, TROW has issued 4 dividend payments. The last dividend payment was made on 2026-09-15.

TROW dividend forecast

Based on historical data, the forecasted dividends per share for TROW for the next payments are between 1.288 (-0.9%) and 1.327 (+2.1%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 4.68%.

Will TROW pay dividends in 2026?

The latest dividend paid per share was 1.3 USD with an Ex-Dividend Date of 2026-09-15. The next Ex-Dividend date for T. Rowe Price (TROW) is 2026-09-15.

What is the next Ex-Dividend Date for TROW?

The next Ex-Dividend date for T. Rowe Price (TROW) is 2026-09-15.

What is the Dividend Growth of TROW?

TROW's average dividend growth rate over the past 5 years is 2.39% per year. Weak growth: TROW's dividend growth is lower than inflation.

What is the Yield on Cost of TROW?

TROW's 5-Year Yield on Cost is 2.97%. If you bought TROW's shares at 173.28 USD five years ago, your current annual dividend income (5.14 USD per share, trailing 12 months) equals 2.97% of your original purchase price.

What is the Payout Consistency of TROW?

TROW Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: T. Rowe Price has a strong track record of consistent dividend payments over its lifetime.

Does TROW have a good Dividend Yield?

TROW's 5.09% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of TROW?

The Dividend Payout Ratio of TROW is 49.7%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of TROW?

TROW's Overall Dividend Rating is 61.18%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

TROW Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in TROW's Outstanding Shares?

T. Rowe Price's outstanding shares have decreased by approximately 2.01% annually over the past 3 years (Trend Reliability: -59.2%). Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has TROW ever had a Stock Split?

Yes, the last stock split was on Jun 26, 2006 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 173,333,300 0%
1986 200,000,000 +15.38%
1987 204,000,000 +2%
1988 230,000,000 +12.75%
1989 230,000,000 0%
1990 224,000,000 -2.61%
1991 211,428,600 -5.61%
1992 257,500,000 +21.79%
1993 250,909,100 -2.56%
1994 230,769,200 -8.03%
1995 240,000,000 +4%
1996 247,826,100 +3.26%
1997 258,125,000 +4.16%
1998 260,487,800 +0.92%
1999 256,798,000 -1.42%
2000 258,952,000 +0.84%
2001 260,376,000 +0.55%
2002 251,038,000 -3.59%
2003 267,554,000 +6.58%
2004 273,484,000 +2.22%
2005 277,962,000 +1.64%
2006 279,800,000 +0.66%
2007 273,500,000 -2.25%
2008 259,000,000 -5.3%
2009 266,200,000 +2.78%
2010 266,200,000 0%
2011 268,500,000 +0.86%
2012 264,900,000 -1.34%
2013 268,600,000 +1.4%
2014 265,700,000 -1.08%
2015 251,500,000 -5.34%
2016 245,500,000 -2.39%
2017 249,800,000 +1.75%
2018 242,900,000 -2.76%
2019 237,400,000 -2.26%
2020 229,200,000 -3.45%
2021 226,900,000 -1%
2022 224,600,000 -1.01%
2023 224,000,000 -0.27%
2024 222,800,000 -0.54%
2025 223,768,800 +0.43%
2026 214,200,000 -4.28%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-08-18 02:46 UTC