Use these updates to boost your returns: T. Rowe Price, Emera & Gen Digital

Article Excerpt

T. ROWE PRICE GROUP INC. $111 is a buy. The asset manager (Nasdaq symbol TROW; High-Growth Dividend Payer Portfolio, Finance sector; Shares outstanding: 223.7 million; Market cap: $24.8 billion; Dividend yield: 4.5%; Dividend Sustainability Rating: Above Average; www.troweprice.com) provides financial advice and products to individuals and institutions worldwide. T. Rowe Price last raised your quarterly dividend by 1.6% with the March 2024 payment, to $1.24 a share from $1.22. The new annual rate of $4.96 yields a high 4.5%. The company’s long-term prospects remain bright, particularly as more baby boomers retire over the next few years. The stock trades at just 13.2 times the likely 2024 earnings of $8.38 a share. T. Rowe Price is a buy. EMERA INC. $47 is a buy. The company (Toronto symbol EMA; Income-Growth Portfolio, Utilities sector; Shares outstanding: 284.1 million; Market cap: $13.4 billion; Dividend yield: 6.1%; Dividend Sustainability Rating: Highest; www.emera.com) owns 100% of Nova Scotia Power, that province’s main electricity supplier. It also owns 100% of Teco Energy, which supplies electricity and natural gas…