About T. Rowe Price Target Retirement 2060 Fund (TRTFX) — Dividend Analysis 2026
The fund pursues its objective by investing in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. Its allocation among T. Rowe Price mutual funds will change over time in relation to its target retirement date. The fund is managed based on the specific retirement year (target date 2060) included in its name and assumes a retirement age of 65.
Is TRTFX a good dividend investment in 2026?
TRTFX offers a 4.50% forward yield with a 50% payout ratio. Strand Safety Score: 32/100 (High Risk). The 5-year dividend CAGR of 0% is modest — investors should weigh current income against growth alternatives.
TRTFX DRIP calculator — what's the difference?
With DRIP on a $10,000 investment over 10 years, your TRTFX portfolio grows to $15.5K vs $14.5K without reinvestment. This is the compound interest effect in action.
TRTFX dividend growth history & forecast
TRTFX has grown its dividend by 0% over the last year and 0% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 4.50%.
FCF data unavailable — payout ratio is moderate — using payout ratio as proxy
Debt Leverage
12 / 30 pts
12/30
Debt/EBITDA data not available for this ticker
Earnings Momentum+0.2B → +0.7B → +1.4B
8 / 30 pts
8/30
Net income is positive but trending down — watch for further deterioration
OVERALL ASSESSMENT
Dividend sustainability questionable — consider alternative income stocks.
STRAND SCORE
32
/100
Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.
🌍 TRTFX Yield by Country & Account Type
Real after-tax yield depends on where you live and how you hold TRTFX.
Gross yield
4.50%
Tax rate
15.00%
After-tax yield
3.82%
Real yield (−CPI)
1.02%
Account/Country
Tax Rate
After-tax Yield
Real Yield
$10K Annual Income
🇺🇸 Roth IRA / 401k
0%
4.50%
1.70%
$450 / yr
🇺🇸 US Taxable (15%) ✓
15%
3.82%
1.02%
$383 / yr
🇺🇸 US Taxable (20%)
20%
3.60%
0.80%
$360 / yr
🇬🇧 UK ISA
0%
4.50%
1.70%
$450 / yr
🇬🇧 UK Taxable
8.75%
4.11%
1.31%
$411 / yr
🇨🇦 TFSA
0%
4.50%
1.70%
$450 / yr
🇨🇦 CA Taxable
25%
3.38%
0.58%
$338 / yr
🇦🇺 Super (pension)
15%
3.82%
1.02%
$383 / yr
🇦🇺 AU Taxable
30%
3.15%
0.35%
$315 / yr
🇩🇪 DE Taxable
26.375%
3.31%
0.51%
$331 / yr
🇫🇷 FR Taxable
30%
3.15%
0.35%
$315 / yr
Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.
🎯 TRTFX Income Goal & Break-Even
Dividend Break-Even
27yr
Years for dividends to fully repay your TRTFX investment of $17.53/share (🇺🇸 US Taxable (15%) · 15.00% tax)
$10K invested · 10 Years
Dividends earned (DRIP)
$4.6K
Lost to inflation (2.8% CPI)
−$2.5K
Real purchasing power gain
$2.1K
12-month CPI (US BLS via FMP economic-indicators).
How much do I need to invest in TRTFX for:
Shares needed
35,805
Capital required
$627,662
Monthly income
$2,000
Based on current dividend of $0.79/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).
📅 TRTFX Dividend Payment Schedule
TRTFX pays quarterly — 4 times per year. Next ex-div: TBD.
Jan
Feb
Mar
💰
Apr
May
Jun
💰
Jul
Aug
Sep
💰
Oct
Nov
Dec
💰
10 shares
$1.68 / payment
$6.70 / year after tax
100 shares
$16.76 / payment
$67.03 / year after tax
1,000 shares
$167.58 / payment
$670.31 / year after tax
📊 TRTFX vs Financial Services Benchmarks
How TRTFX compares to typical Financial Services averages.
Benchmark: Financial Services
Dividend Yield▲+1.60% vs sectorBetter
TRTFX
4.50%
avg
2.90%
5Y Dividend CAGR▼-7.10% vs sectorBelow avg
TRTFX
0.00%
avg
7.10%
Payout Ratio▼+12.00% vs sectorBelow avg
TRTFX
50.00%
avg
38.00%
Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for TRTFX sourced from FMP /financial-growth endpoint — real data, not estimates.
🏛️ TRTFX Insider Activity
No recent SEC filings reported in the last 90 days.
📊 About This Data
Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.
Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the TRTFX dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →