This morning, the T. Rowe Price Group (NASDAQ: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 (NYSE:EIX) maintained its quarterly dividend of 32 cents per share. And Hillenbrand (NYSE:HI) maintained its quarterly dividend of 19 cents per share.
Among dividend increases, Tri Continental (NYSE: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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