T. Rowe Price Reports 3.8% AUM Growth in May Despite Outflows

Reported 2 days ago

T. Rowe Price Group, Inc. announced a preliminary assets under management (AUM) figure of $1.62 trillion for May, reflecting a 3.8% increase, despite experiencing $4.4 billion in net outflows. The firm, known for consistent dividend payments over 39 years and a current yield of 5.34%, remains a solid choice for dividend stock portfolios while emphasizing a client-first approach.

Source: YAHOO

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