BALTIMORE, Sept. 7 /PRNewswire-FirstCall/ -- T. Rowe Price Group, Inc.
(Nasdaq: TROW) announced today that its Board of Directors has declared a
quarterly dividend of $0.14 per share payable October 12, 2006 to
stockholders of record as of the close of business on September 28, 2006.
This dividend amount is the same as that paid in July 2006, after the
company split its common shares two-for-one.
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. is a global
investment management organization with $293.7 billion in assets under
management as of June 30, 2006. 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:
Brian Lewbart, +1-410-345-2242, or Steve
Norwitz, +1-410-345-2124, both of T. Rowe Price Group
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