NEW YORK (MarketWatch) -- T. Rowe Price Group Inc. TROW, +1.54% said Thursday it is raising its regular dividend and paying a one-time special dividend to return more cash to shareholders. The investment company said it is raising its regular quarterly dividend by 18% to 52 cents a share from 44 cents, with the first new payment to be payable March 30 to shareholders of record as of the close of business on March 16. The company will also pay a special cash dividend of $2 a share April 23 to shareholders of record as of close of business April 9. Shares were up 1.1@ and are up 0.8% in the last three months, while the S&P 500 has gained 2.6%.
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