BALTIMORE, March 10 /PRNewswire-FirstCall/ -- T. Rowe Price Group, Inc.
(Nasdaq: TROW) announced today that its Board of Directors has declared a
quarterly dividend of $0.23 per share payable April 8, 2005 to stockholders of
record as of the close of business on March 24, 2005.
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. is a global
investment management organization with $235.2 billion in assets under
management as of December 31, 2004. The firm provides a broad array of mutual
funds, sub-advisory 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. More
information is available at http://www.troweprice.com.
SOURCE T. Rowe Price Group, Inc.
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Related links: http://www.troweprice.com
CONTACT: Steve Norwitz, +1-410-345-2124, Brian Lewbart, +1-410-345-2242, or Rajiv Vyas, +1-410-345-6559, all of T. Rowe Price Group
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