BALTIMORE, May 12, 2020 /PRNewswire/ -- T. Rowe Price
Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of
Directors has declared a quarterly dividend of $0.90 per share payable June 30, 2020 to stockholders of record as of the
close of business on June 15,
2020.
Additionally, at its annual meeting today, T. Rowe Price Group
stockholders elected all 11 nominees to the Board of Directors;
approved, by a non-binding advisory vote, the 2019 compensation
paid to the company's named executive officers; ratified the
reappointment of KPMG LLP as the company's independent registered
public accounting firm for 2020; approved the firm's 2020 Long-Term
Incentive Plan; and voted against a stockholder proposal requesting
the preparation of a report on voting matters related to climate
change.
ABOUT T. ROWE
PRICE
Founded in 1937, Baltimore-based T. Rowe Price (troweprice.com) is a global
investment management organization with $1.13 trillion in assets under management as of
April 30, 2020. The organization
provides a broad array of mutual funds, subadvisory services, and
separate account management for individual and institutional
investors, retirement plans, and financial intermediaries. The
company also offers a variety of sophisticated investment planning
and guidance tools. T. Rowe Price's
disciplined, risk-aware investment approach focuses on
diversification, style consistency, and fundamental research.
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SOURCE T. Rowe Price Group, Inc.