T. Rowe Price Dividend Growth
Expense Ratio: 0.64%T.
Symbol: PRDGXExpense Ratio: 0.64%
T. Rowe Price Dividend Growth invests in big firms with the propensity and capability to raise dividends over time.
Firms that dominate their industries and throw off cash get the nod from manager Tom Huber, who also looks for experienced executives who are shareholder-focused. The portfolio has increased payouts at an average of 9% per year and currently yields 1.4%. Stock dividends overall may get a boost this year, says Huber, in light of new corporate tax laws.
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