This morning, the T. Rowe Price Group (TROW) declared its quarterly dividend of 31 cents per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect a yield of about 2.4% going forward.
Shares of T. Rowe Price were lower with the markets today, falling 2.6% so far.
In other dividend news, Edison International (EIX) maintained its quarterly dividend of 32 cents per share. And Hillenbrand (HI) maintained its quarterly dividend of 19 cents per share.
Among dividend increases, Tri Continental (TY) announced its quarterly dividend of 7 cents per share, an increase of about 8% over its prior dividend. And Cascade (CASC) announced its quarterly dividend of 25 cents per share, an increase of about 25% over its prior dividend.
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