T. Rowe Declares Special Dividend, Ups Payout

On Thursday, T. Rowe Price (TROW) announced a special cash dividend of $2 a share, payable April 23 to shareholders on record on April 9. The company also raised its quarterly dividend by 18% to 52 cents, a share. up from a previous 44 cents, payable March 30. Citigroup’s William Katz writes that the regular [...]