Before You Buy T. Rowe Price: Here's a Dividend Stock I'd Buy First

T. Rowe Price (NASDAQ: TROW) is one of the most attractive dividend stocks you can find. The asset management company, which runs the T. Rowe Price family of investments, has all the attributes of a great dividend stock. It is one of the leaders in its market, with some $1.4 trillion in assets under management, and it has raised its dividend each year for the past 36 years. Only a few dozen stocks, called Dividend Kings, have longer streaks.

That commitment to the dividend stems from its incredible capital management, as the company carries no long-term debt and has substantial cash, which enables it to maintain and increase its dividend -- even in hard times.

You really couldn't go wrong adding T. Rowe Price to your portfolio as a dividend stock, but I think there's a stock within its industry that looks like an even better option: (NYSE: BLK). Let's take a look at the two side by side.

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Source Fool.com