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PFG Principal Financial Group dividend history, payout ratio & dates

Principal Financial Group's last quarterly dividend payment of $0.64 per share was made to shareholders on record before Sep 7, 2022. The dividend payment stands at $2.56 per share annually, which equates to a dividend yield of 3.55%.

Key dates

  • PFG last dividend date: Sep 7, 2022
  • PFG next dividend date: Not announced
PFG dividend stats
DPS
$2.56
Dividend yield
3.55%
Payout ratio
15.3%
vs. Financial Services sector
Dividend yield
2.95%
Payout ratio
30.2%

Dividend yield

What is Principal Financial Group current dividend yield

PFG has a dividend yield of 3.55% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.95%, Principal Financial Group's dividend yield is 20% higher. The current dividend yield is less than the historical average of 4.0% of the last 5 years.

Dividend history

What is PFG dividend payout history and dates

Principal Financial Group has been paying dividends for the last 20 years. According to our records PFG has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 8% since one year ago. However with the stock price up by 10% from a year ago, the dividend yield marks a decrease of 1.3%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 7, 2022 Sep 30, 2022 Aug 8, 2022 $0.64 normal
Jun 1, 2022 Jun 24, 2022 Apr 28, 2022 $0.64 normal
Mar 9, 2022 Mar 25, 2022 Feb 7, 2022 $0.64 normal
Nov 30, 2021 Dec 21, 2021 Oct 26, 2021 $0.64 normal
Aug 31, 2021 Sep 24, 2021 Jul 27, 2021 $0.63 normal
Jun 2, 2021 Jun 25, 2021 Apr 26, 2021 $0.61 normal
Feb 26, 2021 Mar 26, 2021 Jan 28, 2021 $0.56 normal
Dec 1, 2020 Dec 21, 2020 Oct 26, 2020 $0.56 normal
Aug 31, 2020 Sep 25, 2020 Jul 27, 2020 $0.56 normal
May 29, 2020 Jun 26, 2020 Apr 24, 2020 $0.56 normal
Feb 28, 2020 Mar 27, 2020 Jan 28, 2020 $0.56 normal
Dec 2, 2019 Dec 27, 2019 Oct 23, 2019 $0.55 normal
Sep 4, 2019 Sep 27, 2019 Jul 24, 2019 $0.55 normal
May 31, 2019 Jun 28, 2019 Apr 24, 2019 $0.54 normal
Mar 1, 2019 Mar 29, 2019 Jan 28, 2019 $0.54 normal
Nov 30, 2018 Dec 28, 2018 Oct 24, 2018 $0.54 normal
Sep 5, 2018 Sep 28, 2018 Jul 24, 2018 $0.53 normal
Jun 1, 2018 Jun 29, 2018 Apr 25, 2018 $0.52 normal
Mar 2, 2018 Mar 29, 2018 Jan 26, 2018 $0.51 normal
Dec 1, 2017 Dec 28, 2017 Oct 26, 2017 $0.49 normal
Aug 30, 2017 Sep 29, 2017 Jul 26, 2017 $0.47 normal
Jun 1, 2017 Jun 30, 2017 Apr 27, 2017 $0.46 normal
Mar 2, 2017 Mar 31, 2017 Jan 30, 2017 $0.45 normal
Dec 1, 2016 Dec 27, 2016 Oct 27, 2016 $0.43 normal
Aug 31, 2016 Sep 30, 2016 Jul 28, 2016 $0.41 normal
Jun 2, 2016 Jun 24, 2016 $0.39 normal
Mar 3, 2016 Mar 25, 2016 Feb 1, 2016 $0.38 normal
Dec 3, 2015 Dec 28, 2015 Oct 22, 2015 $0.38 normal
Sep 2, 2015 Sep 25, 2015 Jul 23, 2015 $0.38 normal

Principal Financial Group dividend payout ratio

What is Principal Financial Group dividend payout ratio compared to the sector

Payout ratio

PFG has a payout ratio of 15.3% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 30.2%, Principal Financial Group's payout ratio is 49% lower.

Total amount of dividends paid per financial year (from cash flow)

PFG dividend vs peer dividends

How does PFG dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PFG Principal Financial Group Inc 3.55% $2.56 15.3%
CNO CNO Financial Group Inc 3.01% $0.54 14%
AFL Aflac Inc 2.72% $1.53 22.9%
AIZ Assurant Inc 1.87% $2.72 13.1%

Frequently asked questions

Does Principal Financial Group pay a dividend?

Yes, Principal Financial Group has been paying dividends for the last 20 years.

When is Principal Financial Group's next dividend?

Currently PFG's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in December 2022.

When was PFG's last dividend?

Principal Financial Group's last dividend ex-date was on Sep 7, 2022. The dividend amount was $0.64 per share.

How much dividend does Principal Financial Group pay (per share)?

PFG's annualized dividend per share is $2.56.

What is Principal Financial Group's dividend yield?

The current dividend yield of Principal Financial Group is 3.55%.

How often does Principal Financial Group pay dividends?

Principal Financial Group pays four dividends per year.

What is Principal Financial Group's dividend payout ratio?

The dividend payout ratio of Principal Financial Group is 15.3%.

Does Principal Financial Group pay a good dividend?

Principal Financial Group's dividend yield is more than the Financial Services sector average.