T. Rowe Price’s $1.30 Dividend Puts Its 5% Payout in Focus After Fresh Outflows
T. Rowe Price set a $1.30 quarterly dividend, payable June 29 to holders of record on June 15. Shareholders elected 13 directors and approved executive pay in a nonbinding vote. Client assets fell to $1.71 trillion at March’s end, with $13.7 billion in net outflows during the first quarter. Shares closed Thursday at $103.59, down 2.39%.