T. Rowe Price Dividend Growth Fund (PDGIX)
The mutual fund primarily invests at least 65% of its assets in dividend-focused stocks, aiming for financial health and growth prospects indicated by a history or expectation of increasing dividends. It leverages income from dividends to enhance total returns over the long term and reduce volatility during market downturns.
Fund Info
US7795463089
779546308
Dec 17, 2015
$500,000
No Index (Active)
Large-Cap
Value
Expense Ratio
PDGIX features an expense ratio of 0.51%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Dividend Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
T. Rowe Price Dividend Growth Fund had a return of 6.01% year-to-date (YTD) and 16.09% in the last 12 months.
PDGIX
6.01%
2.43%
5.43%
16.09%
10.27%
N/A
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of PDGIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4.24% | 6.01% | |||||||||||
| 2024 | 0.82% | 4.44% | 2.69% | -3.17% | 3.80% | 1.10% | 2.90% | 2.90% | 0.70% | -2.80% | 5.53% | -5.45% | 13.63% |
| 2023 | 3.34% | -2.72% | 1.45% | 2.04% | -2.92% | 5.81% | 2.70% | -2.09% | -4.02% | -1.34% | 7.88% | 1.96% | 11.97% |
| 2022 | -4.97% | -2.88% | 3.11% | -5.49% | 0.23% | -6.12% | 7.53% | -3.31% | -7.78% | 8.52% | 6.36% | -6.41% | -12.35% |
| 2021 | -2.58% | 2.58% | 5.05% | 5.54% | 1.01% | 0.61% | 3.05% | 2.28% | -4.54% | 6.63% | -1.90% | 5.18% | 24.64% |
| 2020 | 0.19% | -8.11% | -11.64% | 9.56% | 5.18% | 0.65% | 5.57% | 4.72% | -2.22% | -2.34% | 10.89% | 3.29% | 14.06% |
| 2019 | 6.83% | 3.75% | 1.98% | 3.51% | -3.39% | 6.13% | 1.30% | 0.14% | 1.04% | 0.75% | 3.17% | 2.07% | 30.43% |
| 2018 | 4.75% | -3.65% | -1.62% | 0.28% | 0.93% | 1.17% | 3.88% | 2.37% | 0.84% | -4.88% | 3.99% | -9.77% | -2.70% |
| 2017 | 1.51% | 3.23% | 0.20% | 1.57% | 1.97% | 0.65% | 1.24% | 0.34% | 1.49% | 2.34% | 3.29% | -0.80% | 18.33% |
| 2016 | -3.99% | 0.27% | 6.17% | 1.14% | 1.95% | 1.37% | 2.72% | 0.05% | -0.48% | -2.13% | 3.16% | -0.23% | 10.09% |
| 2015 | 1.93% | 1.93% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 82, PDGIX is among the top 18% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for T. Rowe Price Dividend Growth Fund (PDGIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
T. Rowe Price Dividend Growth Fund provided a 1.09% dividend yield over the last twelve months, with an annual payout of $0.89 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.89 | $0.89 | $0.91 | $0.84 | $0.65 | $0.69 | $0.72 | $0.79 | $0.58 | $0.62 |
Dividend yield | 1.09% | 1.15% | 1.28% | 1.32% | 0.88% | 1.15% | 1.35% | 1.91% | 1.34% | 1.67% |
Monthly Dividends
The table displays the monthly dividend distributions for T. Rowe Price Dividend Growth Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.23 | $0.89 |
| 2023 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.26 | $0.91 |
| 2022 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.26 | $0.84 |
| 2021 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.16 | $0.65 |
| 2020 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.19 | $0.69 |
| 2019 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.21 | $0.72 |
| 2018 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.21 | $0.79 |
| 2017 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.18 | $0.58 |
| 2016 | $0.10 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.25 | $0.62 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the T. Rowe Price Dividend Growth Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the T. Rowe Price Dividend Growth Fund was 33.17%, occurring on Mar 23, 2020. Recovery took 111 trading sessions.
The current T. Rowe Price Dividend Growth Fund drawdown is 0.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.17% | Feb 18, 2020 | 25 | Mar 23, 2020 | 111 | Aug 28, 2020 | 136 |
| -19.21% | Dec 30, 2021 | 198 | Oct 12, 2022 | 331 | Feb 7, 2024 | 529 |
| -16.75% | Sep 24, 2018 | 64 | Dec 24, 2018 | 66 | Apr 1, 2019 | 130 |
| -9.92% | Dec 30, 2015 | 30 | Feb 11, 2016 | 31 | Mar 29, 2016 | 61 |
| -9.18% | Jan 29, 2018 | 9 | Feb 8, 2018 | 123 | Aug 6, 2018 | 132 |
Volatility
Volatility Chart
The current T. Rowe Price Dividend Growth Fund volatility is 2.13%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.