T. Rowe Price Dividend Growth Fund
TADGX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 East Pratt Street Baltimore MD United States of America 21202
- IPO Date
- Dec 29, 2005
- CIK
- 0000894024
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Dividend Growth Fund (TADGX) is an open-end mutual fund managed by T. Rowe Price Group, Inc. that seeks dividend income and long-term capital growth primarily through investments in common stocks of dividend-paying companies expected to increase their dividends over time; the fund normally invests at least 65% of its total assets in such stocks, with a focus on large-cap blend strategies across sectors including technology (approximately 26.5%), financial services (20.4%), industrials (13.2%), and healthcare (11.8%); top holdings typically include Microsoft Corp., Apple Inc., Visa Inc., JPMorgan Chase & Co., and Broadcom Inc., representing around 21% of the portfolio; the Advisor Class shares feature a net expense ratio of 0.89-0.90%, a minimum initial investment of $2,500, low turnover of 16%, and are available to financial intermediaries and institutional investors in the United States. T. Rowe Price Group, Inc., the fund's investment manager, founded in 1937 and headquartered at 100 East Pratt Street in Baltimore, Maryland, operates globally with approximately 7,868 employees across 17 international offices serving clients in 55 countries; the firm manages over $1.6 trillion in assets under management, emphasizing active management in equities, fixed income, multi-asset strategies, retirement plans, and subadvisory services for individuals, institutions, and financial intermediaries. Recent strategic developments at T. Rowe Price Group include a February 2025 partnership with Oak Hill Advisors (its alternative credit subsidiary) and Aspida Holdings Ltd. to manage public and private assets for insurance growth, leveraging T. Rowe Price's $1.6 trillion AUM and retirement expertise; in September 2025, Goldman Sachs committed up to $1 billion to purchase T. Rowe Price stock while forming a multi-year collaboration for private-market products targeting retail and retirement investors, with new launches expected by mid-2026. The Dividend Growth Fund itself maintains continuity under portfolio manager Thomas Huber since March 2000, with total net assets of approximately $24.9 billion as of early 2025 and strong historical performance including 12.51% average annual returns over five years ended September 2025.