Principal Financial Group's last quarterly dividend payment of $0.67 per share was made to shareholders on record before Nov 30, 2023. The dividend payment stands at $2.6 per share annually, which equates to a dividend yield of 3.49%. The latest PFG stock dividend of $0.67 is an increase from the previous $0.65 distribution, representing a growth of 3.1%.
PFG has a dividend yield of 3.49% which is higher than the Financial Services sector and the industry average. But if we consider the Financial Services sector average of 3.39%, Principal Financial Group's dividend yield is only 2.9% higher. The current dividend yield is less than the historical average of 4.0% of the last 5 years.
Principal Financial Group has been paying dividends for the last 21 years. According to our records PFG has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 1.6% since one year ago. And with the stock price down by 18% from a year ago, the dividend yield marks an increase of 24%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Nov 30, 2023 | Dec 20, 2023 | Oct 26, 2023 | $0.67 | normal |
Sep 6, 2023 | Sep 29, 2023 | Jul 27, 2023 | $0.65 | normal |
May 31, 2023 | Jun 30, 2023 | Apr 27, 2023 | $0.64 | normal |
Mar 14, 2023 | Mar 31, 2023 | Jan 30, 2023 | $0.64 | normal |
Nov 30, 2022 | Dec 19, 2022 | Oct 27, 2022 | $0.64 | normal |
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 |
PFG has a payout ratio of 41.1% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 36.5%, Principal Financial Group's payout ratio is 13% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
PRU Prudential Financial Inc | 5.12% | $5 | 318.5% |
PFG Principal Financial Group Inc | 3.49% | $2.6 | 41.1% |
PRI Primerica Inc | 1.24% | $2.6 | 17.2% |
Yes, Principal Financial Group has been paying dividends for the last 21 years.
Currently PFG's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in February 2024.
Principal Financial Group's last dividend ex-date was on Nov 30, 2023. The dividend amount was $0.67 per share.
PFG's annualized dividend per share is $2.6.
The current dividend yield of Principal Financial Group is 3.49%.
Principal Financial Group pays four dividends per year.
The dividend payout ratio of Principal Financial Group is 41.1%.
Principal Financial Group's dividend yield is in line with the Financial Services sector average.