T. Rowe Price Group, Inc. (Nasdaq:TROW) announced today that its Board of Directors has declared a quarterly dividend of $0.31 per share payable September 28, 2011 to stockholders of record as of the close of business on September 14, 2011.

T. Rowe Price Group, Inc. is a publicly owned asset management holding company. The firm primarily provides its services to individual and institutional investors, retirement plans, and financial intermediaries.

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