T. Rowe Price Dividend Growth Z (TRZDX)
| Fund Assets | 24.19B |
| Expense Ratio | n/a |
| Min. Investment | $2,500 |
| Turnover | 10.00% |
| Dividend (ttm) | 4.09 |
| Dividend Yield | 4.86% |
| Dividend Growth | 70.72% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 26, 2025 |
| Previous Close | 84.00 |
| YTD Return | 9.60% |
| 1-Year Return | 11.56% |
| 5-Year Return | n/a |
| 52-Week Low | 70.13 |
| 52-Week High | 84.56 |
| Beta (5Y) | n/a |
| Holdings | 98 |
| Inception Date | n/a |
About TRZDX
T. Rowe Price Dividend Growth Fund Z Class is an actively managed mutual fund focused on U.S. large-cap equities, with an emphasis on companies demonstrating strong and consistent dividend growth. The fund’s central objective is to deliver a blend of dividend income and long-term capital appreciation by investing in businesses with a proven record of increasing dividends, which is viewed as an indicator of financial stability and promising growth prospects. Its diversified portfolio spans over 100 holdings, with sector allocations concentrated in technology, financial services, healthcare, and industrials. Notable positions include major firms such as Microsoft, Apple, Visa, and JPMorgan Chase. The Z Class designation is primarily intended for institutional clients or advisory relationships, typically featuring a more favorable expense structure. The fund pays dividends quarterly, offering investors a regular income stream. Its assets under management exceed $23 billion, positioning it as a significant player within the large blend mutual fund category. T. Rowe Price launched this share class in 2021, reinforcing its commitment to delivering disciplined dividend-focused strategies to institutional investors.
Performance
TRZDX had a total return of 11.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.97%.
Top 10 Holdings
26.84% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 5.15% |
| Apple Inc. | AAPL | 4.93% |
| Visa Inc. | V | 2.95% |
| JPMorgan Chase & Co. | JPM | 2.67% |
| Chubb Limited | CB | 2.16% |
| General Electric Company | GE | 2.06% |
| Marsh & McLennan Companies, Inc. | MMC | 1.95% |
| Eli Lilly and Company | LLY | 1.75% |
| Walmart Inc. | WMT | 1.61% |
| UnitedHealth Group Incorporated | UNH | 1.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2025 | $0.3335 | Jun 27, 2025 |
| Mar 27, 2025 | $0.3079 | Mar 28, 2025 |
| Dec 12, 2024 | $3.1192 | Dec 13, 2024 |
| Sep 26, 2024 | $0.3246 | Sep 27, 2024 |
| Jun 26, 2024 | $0.327 | Jun 27, 2024 |
| Mar 26, 2024 | $0.2846 | Mar 27, 2024 |