Why You Should Consider This Blue-Chip Dividend Stock for Your Portfolio
As dividend investors can attest, it's important to pick the right stocks for your diversified portfolio to ensure success in the long run. What are some of the traits solid dividend stocks typically possess? The best ones consistently grow their revenue and earnings per share (EPS), have strong balance sheets, and maintain low payout ratios.
I believe the asset manager T. Rowe Price Group (NASDAQ: TROW) checks all of these boxes. But is the stock a buy at this time? Let's dig in and see if we can find an answer.
Image source: Getty Images.
Source Fool.com