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T. Rowe Group, Inc. (TROW) Message Board

  • wooglin_kai wooglin_kai Jun 6, 2012 1:59 PM Flag

    Not surprising

    It's not surprising that Yahoo Finance doesn't have this story under TROW, but does with BEN & JNS; the following text is also not surprising, but fun to read:

    "T. Rowe Price Group (TROW) is a $14.6 billion investment company offering mutual funds, asset management advisory services, and account management for personal and institutional clients. The company pays a dividend yield of 2.3% on a payout ratio of 46%. Its peers AllianceBernstein (AB), Janus Capital Group (JNS), and Franklin Resources (BEN) are yielding 7.8%, 3.3%, and 1.0%, respectively. The company has been raising dividends at an average rate of 15.4% a year over the past five years. This year, the company raised its dividend by a more modest 9.7% to $0.34. If this company's dividend increases continue to average the annual rate accomplished in the past five years, the investment firm will double its payout by 2016.

    The stock of T. Rowe Price Group is trading at $57.5 a share or 14.9 times the company's forward earnings. Analysts forecast that the company's EPS will grow by a robust 13.8% per year for the next five years. This compares to an average annual rate of growth of 9.0% a year over the past five years. The company's stock is flat year-to-date. Fund manager Ken Fisher is fan of the company."

75.95-0.06(-0.08%)Nov 27 1:00 PMEST