Why T. Rowe Price Group, Inc. Is At The Top Of My Watch List
One sector that I've been looking to increase my stake in is financials. I currently own some of the "too big to fail" banks that have treated me quite nicely, but a little further diversification in the sector would be welcomed. Asset management seems ripe for the picking for profitable companies and T. Rowe Price Group, Inc. (NASDAQ:TROW) hasn't disappointed. TROW currently has a 29-year dividend growth streak, marking it as a dividend champion. The following tables/graphs are from my personal stock analysis spreadsheet. Data for the stock analysis was acquired through T. Rowe Price Group's investor relations page, Morningstar.com, and Yahoo!Finance.
Historic Growth Rates:
Historically, T. Rowe Price has provided excellent returns. According to longrundata.com shares of TROW have given investors a 324% total return over the last 10 years, good for 12.47% annually. Looking at the historical growth rates for per share dividends, earnings, revenue and free cash flow paints an equally bright picture.
Check out the remained of the T. Rowe Price Stock Analysis on Seeking Alpha.