PASVX Dividend Yield 2026: T. Rowe Price Small-Cap Value Fund

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Data last updated: Sep 06, 2026

Snapshot (as of Sep 06, 2026): T. Rowe Price Small-Cap Value Fund (PASVX) pays a $5.89 annual dividend, yielding 9.69% at $60.83/share. Next ex-dividend date 2025-12-11. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 9.69%

Annual Dividend: $5.89 per share

Ex-Dividend Date: 2025-12-11

Sector: Financial Services

Years of Dividend History: 24

About T. Rowe Price Small-Cap Value Fund Dividend

T. Rowe Price Small-Cap Value Fund dividend comes from a fund that puts at least 80% of its assets into small-cap companies, targeting businesses within or below the Russell 2000 Index. The current yield stands at 9.69%, with a trailing annual dividend rate of $5.8916 per share. The next ex-dividend date is December 11, 2025. At a beta of 0.954, PASVX moves close to the broader market, making it a fit for dividend investors who want high income exposure to small-cap value equities.

Dividend Safety

T. Rowe Price Small-Cap Value Fund pays out dividends with a payout ratio classified as not applicable (fund/ETF), since standard earnings-based payout metrics do not apply to fund structures. T. Rowe Price Small-Cap Value Fund dividend safety is therefore assessed differently than for individual stocks: the payout level reflects the income and realized gains generated by the underlying small-cap holdings rather than a fixed corporate earnings stream. The most significant pressure point is that small-cap equity portfolios can see sharp swings in realized gains year to year, which directly affects how much the fund distributes.

T. Rowe Price Small-Cap Value Fund (PASVX) Dividend Growth Rate, CAGR, and History

T. Rowe Price Small-Cap Value Fund dividend history shows a CAGR of 11.9% per year from 2003 to 2025. Per-share payments grew from $0.5000 in 2003 to $5.8916 in 2025, a more than tenfold increase over the full window. The largest single-year jump in the available data was 213.7% in 2007. The history also contains at least one year-over-year decline exceeding 5%, so the growth path has not been linear.

T. Rowe Price Small-Cap Value Fund Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+35.9%	$2.35 (2022)	$5.89 (2025)
5-Year	+44.7%	$0.93 (2020)	$5.89 (2025)
10-Year	+5.9%	$3.32 (2014)	$5.89 (2025)

Is T. Rowe Price Small-Cap Value Fund a Good Dividend Stock?

PASVX fits dividend investors who prioritize high current income from small-cap equity exposure over predictable, uninterrupted annual increases. The yield is classified as high (above 4%), currently sitting at 9.69%, well above the fund's own 5-year average of 6.15%. That gap signals the current distribution is elevated relative to recent norms, which is worth noting given that fund payouts fluctuate with portfolio gains. The fund has only one consecutive year of dividend increases, so income here is driven by portfolio performance, not a managed growth commitment. Investors get a high headline yield; the trade-off is variability in the annual distribution amount.

Recent T. Rowe Price Small-Cap Value Fund Dividend Payments

Payment Date	Amount per Share
2025-12-11	$5.8916
2024-12-12	$4.8724
2023-12-13	$1.4958
2022-12-13	$2.3486
2021-12-14	$4.1000
2020-12-14	$0.9300
2019-12-13	$2.0400
2018-12-13	$3.6000
2017-12-14	$1.8900
2016-12-14	$1.5700

T. Rowe Price Small-Cap Value Fund Annual Dividend History

Year	Total Dividends
2025	$5.8916
2024	$4.8724
2023	$1.4958
2022	$2.3486
2021	$4.1000

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.02% yield)
• VTI — Vanguard Morningstar Total Stock Market ETF (1.03% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.03% yield)
• VOO — Vanguard S&P 500 ETF (1.04% yield)
• JPM — JPMorgan Chase & Co. (1.67% yield)
• IVV — iShares Core S&P 500 ETF (1.06% yield)

Frequently Asked Questions

Does PASVX pay dividends?

Yes, T. Rowe Price Small-Cap Value Fund (PASVX) pays a $5.89 annual dividend per share, yielding 9.69%.

What is T. Rowe Price Small-Cap Value Fund's current dividend yield?

The current yield is 9.69%, based on a trailing annual dividend rate of $5.8916 per share. That is well above the fund's 5-year average yield of 6.15%, meaning the current distribution is elevated relative to recent history.

Has T. Rowe Price Small-Cap Value Fund ever cut its dividend?

The available history from 2003 to 2025 contains at least one year-over-year decline exceeding 5%, so the dividend has not been uninterrupted. Several years in the table also reflect partial-year data, which limits direct year-over-year comparisons for those periods.

How fast has T. Rowe Price Small-Cap Value Fund grown its dividend?

The fund has grown its dividend at a compound annual growth rate (CAGR) of 11.9% per year from 2003 to 2025. Over that window, the per-share payment rose from $0.5000 to $5.8916.

Is T. Rowe Price Small-Cap Value Fund a good dividend stock for income investors?

The fund carries a high (above 4%) yield at 9.69%, which is attractive for income-focused investors. The trade-off is that distributions vary with the performance of the underlying small-cap portfolio rather than following a managed, predictable growth schedule.

Is T. Rowe Price Small-Cap Value Fund dividend safe?

The payout ratio is not applicable (fund/ETF), so traditional safety metrics do not apply. The distribution depends on realized gains and income from small-cap holdings, which can fluctuate materially from year to year.

How does T. Rowe Price Small-Cap Value Fund compare to its own historical yield?

The current yield of 9.69% is significantly above the 5-year average of 6.15%, a difference of more than 3.5 percentage points. That means the current distribution is running well above what the fund has averaged over the past five years.

What type of investor is T. Rowe Price Small-Cap Value Fund best suited for?

PASVX suits dividend investors who want high current income and are comfortable with variable annual distributions tied to small-cap equity performance. It has only one consecutive year of dividend increases, so it does not fit investors who require steady, uninterrupted annual growth.

Project income from PASVX with the PASVX dividend calculator or track your full portfolio with the dividend tracker.