T. Rowe Price Dividend Growth ETF Price & Performance (TDVG)

T. Rowe Price Group has announced a 2.42% increase in its quarterly dividend to $1.27 per share, marking its 39th consecutive year of dividend growth. This increase aligns with the company's tradition of consistent capital distribution, even as its stock faces market pressures and a recent 52-week low.123

T. Rowe Price Group has received a consensus "Reduce" rating from analysts, with four recommending a sell and seven advising a hold. The average 1-year target price for the stock is $114.09, reflecting cautious sentiment amid recent earnings misses and market challenges.456

Shares of T. Rowe Price Group recently fell to $92.78, their lowest point in a year. Despite the decline, the company offers a dividend yield exceeding 5% and is considered undervalued by some analysts, presenting a potential opportunity for long-term investors.278