Get a 4.3% yield from T. Rowe Price Group

Get a 4.3% yield from T. Rowe Price Group

The stock price has suffered from the recent market downturn but key acquisitions and product releases should help diversify operations and add to its appeal.

Meanwhile, shares trade at 12.0 times the company’s 2022 earnings forecast.

T. ROWE PRICE GROUP INC. (Nasdaq symbol TROW; www.troweprice.com) sells mutual… Read More

Get a 3.5% yield from J.P. Morgan Chase & Co.

Get a 3.5% yield from J.P. Morgan Chase & Co.

Provisions for potential loan losses delivered a 27.0% earnings reduction in the previous quarter, but higher interest rates and a volatile stock market should improve revenue going forward.

Meanwhile the stock trades at just 10.2 times the company’s 2022 earnings forecast.

J.P. MORGAN CHASE & CO. (New… Read More

T. Rowe diversifies revenue stream

T. ROWE PRICE GROUP INC. $120 is a buy. The seller of mutual funds (Nasdaq symbol TROW; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 227.3 million; Market cap: $27.3 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Above Average; www.troweprice.com) last raised its quarterly dividend by 11.1% with the… Read More

New drugs will fuel this dividend

Drugmaker AbbVie has held up well during the current stock market turmoil: it’s up 9% since the start of 2022 compared to the 22% drop for the S&P 500 Index.
AbbVie’s outlook remains bright, particularly as it continues to invest heavily in the development of new… Read More

T. Rowe Price still attractive

T. ROWE PRICE GROUP INC. $123 is still a buy. The mutual fund seller’s (Nasdaq symbol TROW; Aggressive Growth and Income Portfolios, Finance sector; Shares outstanding: 227.3 million; Market cap: $28.0 billion; Price-to-sales ratio: 3.6; Dividend yield: 3.9%; TSINetwork Rating: Average; www.troweprice.com) fee income varies with the value… Read More