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T. Rowe announces quarterly dividend

T. Rowe Price Group Inc., a global investment management company, announced that its Board of Directors has declared a quarterly dividend of 38 cents per share, payable June 27, 2013 to stockholders of record as of the close of business on June 13, 2013.

Additionally, at its annual meeting on Tuesday, T. Rowe Price Group stockholders re-elected all 11 nominees to the Board of Directors; approved, by a non-binding advisory vote, the 2012 compensation paid to the company’s named executive officers; and ratified the reappointment of KPMG LLP as the company’s independent registered public accounting firm.