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T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) proxy voting record 2026

Three of its ballots from this season. Vote first, then see what it did with the shares your savings paid for.

The question on the ballot

As filed

T. Rowe Price Dividend Growth Fund files this fund's proxy votes with the SEC once a year. This is what it did with the shares your retirement savings paid for.

SourceProxy-voting record filed by T. Rowe Price Dividend Growth Fund on 2026-08-28 · open the filing · vote table (ProxyVotingTable.xml, 1.1 MB)

TickersPRDGX, TADGX (T. Rowe Price Dividend Growth Fund-Advisor Class), PDGIX (T. Rowe Price Dividend Growth Fund-I Class), TRZDX (T. Rowe Price Dividend Growth Fund-Z Class) · share classes of one fund, with one proxy-voting record · as listed in its latest SEC filing of proxy votes

How it voted, by issue

Fund companies sometimes file the same proposal under different subjects. So that funds can be compared, each proposal is counted under the subject most of the filings we read gave it, the same for every fund on this site. On management's own executive pay resolutions, this fund voted in favour 100% of the time across 73 votes.

IssueProposals facedBackedShare backed
Climate & environment2514%
Workers & human rights600%
Pay equity & inclusion100%
Corporate governance4100%
Other social issues2000%

Ballots it voted

The Coca-Cola Company · 29 April 2026 · put on the ballot by shareholder · Climate & environment

Should Coca-Cola report on the single-use plastic it puts into the world?

Shareholders asked for a report on how much single-use plastic packaging the company uses, the risks that creates as regulation tightens, and what it plans to do to reduce it.

AGAINST  T. Rowe Price Dividend Growth Fund, Inc. voted with 4,484,489 shares

“Vote on a shareowner proposal requesting a report evaluating the Company's plastics packaging policies”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Dividend Growth Fund, Form N-PX filed 2026-08-28 · accession 0001193125-26-372739 · series S000002075 · open the filing

Mondelez International, Inc. · 20 May 2026 · put on the ballot by shareholder · Climate & environment

Should Mondelez International report on the single-use plastic it puts into the world?

Shareholders asked for a report on how much single-use plastic packaging the company uses, the risks that creates as regulation tightens, and what it plans to do to reduce it.

AGAINST  T. Rowe Price Dividend Growth Fund, Inc. voted with 3,448,914 shares

“Shareholder proposal requesting a report on objective evaluation of plastics packaging policies”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Dividend Growth Fund, Form N-PX filed 2026-08-28 · accession 0001193125-26-372739 · series S000002075 · open the filing

Walmart Inc. · 4 June 2026 · put on the ballot by shareholder · Workforce & human rights

Should Walmart explain how its board oversees the safety of the people who work for it?

Shareholders asked for a report on how health and safety is actually governed — who on the board is accountable, what the company measures, how injuries and fatalities are counted, and whether contractors and temporary workers are covered by the same standards as employees.

AGAINST  T. Rowe Price Dividend Growth Fund, Inc. voted with 3,409,887 shares

“Report on Workplace Health and Safety Governance”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Dividend Growth Fund, Form N-PX filed 2026-08-28 · accession 0001193125-26-372739 · series S000002075 · open the filing

Microsoft Corporation · 5 December 2025 · put on the ballot by shareholder · Workforce & human rights

Should Microsoft assess the human rights risks its own operations create?

Shareholders asked for an assessment of the human rights risks arising from the company’s operations and business relationships, and for the findings to be published.

AGAINST  T. Rowe Price Dividend Growth Fund, Inc. voted with 3,316,605 shares

“Report on Data Operations in Human Rights Hotspots”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Dividend Growth Fund, Form N-PX filed 2026-08-28 · accession 0001193125-26-372739 · series S000002075 · open the filing

The Coca-Cola Company · 29 April 2026 · put on the ballot by shareholder · Pay equity & inclusion

Should Coca-Cola publish what its inclusion policies actually do for its workforce?

Shareholders asked for a report on the company’s LGBTQIA+ equity and inclusion efforts within its human capital management strategy — what the policies are, how they are measured, and what they have changed for employees.

AGAINST  T. Rowe Price Dividend Growth Fund, Inc. voted with 4,484,489 shares

“Vote on a shareowner proposal requesting a report on the extent of the Company's diversity, equity and inclusion efforts”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Dividend Growth Fund, Form N-PX filed 2026-08-28 · accession 0001193125-26-372739 · series S000002075 · open the filing

Bank of America Corporation · 4 May 2026 · put on the ballot by shareholder

Should the person who runs Bank of America also chair the board that supervises them?

Shareholders asked the company to require that the chair of the board be an independent director rather than the chief executive, so that the body overseeing management is not led by the person being overseen.

AGAINST  T. Rowe Price Dividend Growth Fund, Inc. voted with 8,313,614 shares

“Shareholder proposal requesting independent board chair”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Dividend Growth Fund, Form N-PX filed 2026-08-28 · accession 0001193125-26-372739 · series S000002075 · open the filing

Mondelez International, Inc. · 20 May 2026 · put on the ballot by shareholder

Should the person who runs Mondelez International also chair the board that supervises them?

Shareholders asked the company to require that the chair of the board be an independent director rather than the chief executive, so that the body overseeing management is not led by the person being overseen.

AGAINST  T. Rowe Price Dividend Growth Fund, Inc. voted with 3,448,914 shares

“Shareholder proposal requesting adoption of an independent board chairman policy”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Dividend Growth Fund, Form N-PX filed 2026-08-28 · accession 0001193125-26-372739 · series S000002075 · open the filing

Bank of America Corporation · 4 May 2026 · put on the ballot by shareholder · Social

Should Bank of America’s board account for how animals are treated in its supply chain?

Shareholders asked for a report on how the board oversees animal welfare risk in the company’s operations and supply chain, and on how the company’s practices compare with its stated policy.

AGAINST  T. Rowe Price Dividend Growth Fund, Inc. voted with 8,313,614 shares

“Shareholder proposal requesting report on board oversight of risks related to animal welfare”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceT. Rowe Price Dividend Growth Fund, Form N-PX filed 2026-08-28 · accession 0001193125-26-372739 · series S000002075 · open the filing

Every T. Rowe Price fund we track, and how each one voted →

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Vote these ballots yourself

See how you would have voted, then what this fund did — one card at a time. Open the full ballot deck for this fund →