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AI Research

40th straight dividend hike at $1.30 → February AUM outflows $5.3B; stock down 14.5% over 90 days

T. Rowe Price Group declared a quarterly dividend of $1.30 per share, a 2.36% increase marking its 40th consecutive year of dividend hikes, reflecting commitment to shareholder returns despite recent headwinds. However, the stock declined 14.5% over 90 days and 15.33% year-to-date at $88.59, pressured by February net fund outflows of $5.3 billion and ongoing asset management industry challenges. The company launched Emerging Markets Equity Research ETF (TEMR) as a new growth initiative, yet analyst sentiment remains neutral with 1 buy and 4 sell recommendations.