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T. Rowe Price Group (T. Rowe Price Group) 5-Year Yield-on-Cost %

: 8.38 (As of Today)
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T. Rowe Price Group's yield on cost for the quarter that ended in Dec. 2023 was 8.38.


The historical rank and industry rank for T. Rowe Price Group's 5-Year Yield-on-Cost % or its related term are showing as below:

TROW' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 3.29   Med: 4.89   Max: 10.22
Current: 8.38


During the past 13 years, T. Rowe Price Group's highest Yield on Cost was 10.22. The lowest was 3.29. And the median was 4.89.


TROW's 5-Year Yield-on-Cost % is ranked better than
66.64% of 1217 companies
in the Asset Management industry
Industry Median: 6.05 vs TROW: 8.38

Competitive Comparison

For the Asset Management subindustry, T. Rowe Price Group's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


T. Rowe Price Group 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, T. Rowe Price Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where T. Rowe Price Group's 5-Year Yield-on-Cost % falls into.



T. Rowe Price Group 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of T. Rowe Price Group is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

T. Rowe Price Group  (NAS:TROW) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


T. Rowe Price Group 5-Year Yield-on-Cost % Related Terms

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T. Rowe Price Group (T. Rowe Price Group) Business Description

Address
100 East Pratt Street, Baltimore, MD, USA, 21202
T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of October 2023, the firm had $1.312 trillion in managed assets, composed of equity (51%), balanced (33%), fixed-income and money market (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just over 9% of its AUM from overseas.
Executives
Higginbotham Robert C.t. officer: Vice President 100 E. PRATT STREET, BALTIMORE MD 21202
Thomson Andrew Justin Mackenzie officer: Vice President 100 E. PRATT STREET, BALTIMORE MD 21202
William P Donnelly director C/O INGERSOLL RAND INC., 525 HARBOUR PLACE DRIVE, SUITE 600, DAVIDSON NC 28036
Andrew C. Mccormick officer: Vice President 100 E. PRATT STREET, BALTIMORE MD 21202
Cynthia F Smith director 100 E. PRATT STREET, BALTIMORE MD 21202
Jessica M Hiebler officer: Principal Accounting Officer 100 E. PRATT STREET, BALTIMORE MD 21202
William J Stromberg officer: Vice President 100 E. PRATT STREET, BALTIMORE MD 21202
Kimberly H Johnson officer: COO and VP C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005
Joshua B Nelson officer: Vice President 100 E. PRATT STREET, BALTIMORE MD 21202
Glenn R August director, officer: Vice President C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Eileen P Rominger director 100 E. PRATT STREET, BALTIMORE MD 21202
Sebastien Page officer: Vice President 100 E. PRATT STREET, BALTIMORE MD 21202
Jennifer B Dardis other: CFO and VP 100 E. PRATT STREET, BALTIMORE MD 21202
Mary K Bush director 3509 WOODBINE STREET, CHEVY CHASE MD 20815
W. Sharps Robert officer: Vice President 100 E. PRATT STREET, BALTIMORE MD 21202