PFG Principal Financial Group dividend history, payout ratio & dates
Principal Financial Group's last dividend payment of $0.72 per share was made to shareholders on record before Sep 5, 2024. The dividend payment stands at $2.79 per share annually, which equates to a dividend yield of 3.29%. The latest PFG stock dividend of $0.72 is an increase from the previous $0.71 distribution, representing a growth of 1.4%.
Key dates
- PFG last dividend date: Sep 5, 2024
PFG dividend stats
vs. Financial Services sector
Dividend yield
PFG has a dividend yield of 3.29% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.58%, Principal Financial Group's dividend yield is 28% higher. The current dividend yield is less than the historical average of 3.9% of the last 5 years.
Dividend history
Principal Financial Group has been paying dividends for the last 22 years. According to our records PFG has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 9% since one year ago. However with the stock price up by 17% from a year ago, the dividend yield marks a decrease of 8%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 5, 2024 | $0.72 | 3.5% |
| Jun 3, 2024 | $0.71 | 3.37% |
| Mar 11, 2024 | $0.69 | 3.31% |
| Nov 30, 2023 | $0.67 | 3.52% |
| Sep 6, 2023 | $0.65 | 3.37% |
| May 31, 2023 | $0.64 | 3.91% |
| Mar 14, 2023 | $0.64 | 3.49% |
| Nov 30, 2022 | $0.64 | 2.85% |
| Sep 7, 2022 | $0.64 | 3.4% |
| Jun 1, 2022 | $0.64 | 3.56% |
| Mar 9, 2022 | $0.64 | 3.81% |
| Nov 30, 2021 | $0.64 | 3.56% |
| Aug 31, 2021 | $0.63 | 3.53% |
| Jun 2, 2021 | $0.61 | 3.5% |
| Feb 26, 2021 | $0.56 | 3.96% |
| Dec 1, 2020 | $0.56 | 4.51% |
| Aug 31, 2020 | $0.56 | 5.3% |
| May 29, 2020 | $0.56 | 5.75% |
| Feb 28, 2020 | $0.56 | 4.96% |
| Dec 2, 2019 | $0.55 | 4.05% |
| Sep 4, 2019 | $0.55 | 4.13% |
| May 31, 2019 | $0.54 | 4.17% |
| Mar 1, 2019 | $0.54 | 4.14% |
| Nov 30, 2018 | $0.54 | 4.26% |
| Sep 5, 2018 | $0.53 | 3.66% |
| Jun 1, 2018 | $0.52 | 3.53% |
| Mar 2, 2018 | $0.51 | 3.16% |
| Dec 1, 2017 | $0.49 | 2.65% |
| Aug 30, 2017 | $0.47 | 2.89% |
| Jun 1, 2017 | $0.46 | 2.73% |
| Mar 2, 2017 | $0.45 | 2.68% |
| Dec 1, 2016 | $0.43 | 2.76% |
| Aug 31, 2016 | $0.41 | 3.18% |
| Jun 2, 2016 | $0.39 | 3.48% |
| Mar 3, 2016 | $0.38 | 3.89% |
| Dec 3, 2015 | $0.38 | 3.11% |
| Sep 2, 2015 | $0.38 | 3.01% |
| Jun 4, 2015 | $0.38 | 2.74% |
| Mar 5, 2015 | $0.36 | 2.68% |
Principal Financial Group dividend payouts
Total amount of dividends paid per financial year (from cash flow)
PFG dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PRU Prudential Financial Inc | 4.12% | $5.2 | 46.2% |
| PFG Principal Financial Group Inc | 3.29% | $2.79 | N/A |
| PRI Primerica Inc | 1.11% | $3.3 | 25.2% |
Frequently asked questions
Does Principal Financial Group pay a dividend?
Yes, Principal Financial Group has been paying dividends for the last 22 years.
When was PFG's last dividend?
Principal Financial Group's last dividend ex-date was on Sep 5, 2024. The dividend amount was $0.72 per share.
How much dividend does Principal Financial Group pay (per share)?
PFG's annualized dividend per share is $2.79.
What is Principal Financial Group's dividend yield?
The current dividend yield of Principal Financial Group is 3.29%.
How often does Principal Financial Group pay dividends?
Principal Financial Group pays four dividends per year.
Does Principal Financial Group pay a good dividend?
Principal Financial Group's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.