T. Rowe Price Group (NASDAQ:TROW) is a fast-growing Dividend Aristocrat with no debt and a very strong track record of rewarding shareholders through growing dividends and buybacks.
Read here about the benefits of dividend growth investing.
As seen on the image below, dividend growth is supported by strong growth in business performance.
The Company
T. Rowe Price Group is a Baltimore-based asset manager with more than $1.3 trillion in assets under management. The company offers a wide variety of mutual funds, investment management, advisory and financial planning services to individuals and institutions alike.
T. Rowe focuses on actively managed funds and has managed to grow the assets under management from around $400 billion in 2010 to $1.3 trillion as of September 2020.
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