The company also has ample room for growth, both organically and inorganically, as it benefits from the rising demand for asset management services, expands its market share and margins, and increases its dividend and share repurchases. The company is also trading at a reasonable valuation, compared to its historical averages and its peers. Therefore, we believe that TROW stock is a good choice for income investors who are looking for a reliable and growing dividend payer.
TROW Stock: A Solid Investment for Income Seekers
