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T. Rowe Price Group, Inc. Declares Quarterly Dividend and Annual Meeting Results

On May 9, 2025, T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) made significant announcements regarding its quarterly dividend and the outcomes of its annual stockholder meeting. The Board of Directors has declared a quarterly dividend of $1.27 per share, which will be payable on June 27, 2025. This dividend is a reflection of the company's ongoing commitment to delivering value to its stockholders.

The dividend payout will be distributed to shareholders recorded as of the close of business on June 13, 2025. Such financial decisions highlight T. Rowe Price's strength in managing assets, which as of March 31, 2025, total $1.57 trillion. The firm is widely recognized for its capacity to help clients achieve important long-term investment objectives.

Annual Meeting Highlights

In addition to the dividend announcement, T. Rowe Price Group's annual meeting brought forward several key actions taken by the stockholders. Notably, the stockholders:

• - Elected 11 members to its Board of Directors.
• - Approved the compensation package allocated to Named Executive Officers through a nonbinding advisory vote.
• - Ratified the selection of KPMG LLP as the independent registered public accounting firm for the year 2025.
• - Voted against a proposal requiring stockholder approval for excessive golden parachutes, reflecting their confidence in the management's existing practices.

These steps indicate that the company's governance remains robust and that stockholders are actively participating in essential corporate decisions, further strengthening the organization.

About T. Rowe Price

Founded in 1937, T. Rowe Price Group has established a shining reputation in the asset management sector. The company is known for its exceptional investment management services and leadership in retirement planning. With a culture that prioritizes integrity and client interests, T. Rowe Price has won multiple accolades for its commitment to delivering results.

The firm not only serves individual clients but also institutions, managing a diverse range of assets through equity, fixed income, alternatives, and multi-asset investment strategies. Approximately two-thirds of the total assets under management are focused on retirement-related investments, underscoring T. Rowe Price's expertise in this field.

For ongoing updates and news, T. Rowe Price maintains an active presence on various social media platforms, including Facebook, Instagram, LinkedIn, and YouTube, as well as on their dedicated newsroom website, troweprice.com/newsroom. With their dedication to clients and growth, T. Rowe Price represents a significant player in the financial services industry, continually evolving to meet both market demands and investor needs.