Summary
- T. Rowe Price continued to distribute a valuable amount of dividends which became even larger over the years.
- Its strong sales and bottom-line earnings accompanied by the impressive net worth and key Balance Sheet ratios proved the company’s financials to be highly consistent and intact.
- The bullish stock price which varies with little volatility turns out to be relatively cheap and undervalued.
- TROW dealt with the increasing investment opportunities by its strategic launching of products and operating units which could help it gain more returns in the future.
T. Rowe Price (TROW) remained a highly durable investment company with the positive results it has been reporting for a long time now. It managed to fortify its sound fundamental health as shown by its sales and earnings which remained consistent with some key Balance Sheet ratios. Meanwhile, its stock price continues to be cheap and undervalued despite its bullish trend for the past few weeks.
What’s in Store for the Investors?
Dividends per Share
It could be said without a doubt that TROW has always been generous with regards to its dividend payment throughout the years. With an average annual increase of 11.5%, it wouldn’t be unusual that the dividends per share already tripled its value in 10 years. From $0.96 in 2008, it kept moving up to $2.80. In 2018, the increment has been a bit unpredictable as it ranged from 3.9% to 22.8%, but it has always been sure then that the dividends would continuously grow. The impressive trend would most likely recur for the next five years as it was projected to increase by 10% in 2019, and ultimately go up to $3.47 in 2023.
Taken from Nasdaq
This analysis used the Dividend Growth Model to assess future values.
