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1 Smart Reason to Buy This Dividend Stock Today

·4 min read
1 Smart Reason to Buy This Dividend Stock Today
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T. Rowe Price Group (NASDAQ: TROW) is one of the top asset management firms in the U.S. It has gained market share over the years by excelling in active management, an area that didn't do quite as well in general over the past decade. What's clear about T. Rowe Price is that it is one of the best dividend stocks in the financial sector, if not the entire market. The first thing to know about T. Rowe Price in relation to its dividend is that it's a Dividend Aristocrat, meaning it is an S&P 500 stock that has increased its dividend annually for at least 25 straight years (it's been 34 years in T. Rowe Price's case).