Principal Financial Group, Inc. provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Income Solutions segment provides a portfolio of asset accumulation products and services for retirement savings and income. It offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, employee stock ownership plans, equity compensation, and pension risk transfer services; individual retirement accounts; investment only products; and mutual funds, individual variable annuities, and bank products. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, as well as asset allocation, stable value management, and other structured investment strategies. The Principal International segment offers pension accumulation products and services, mutual funds, asset management, income annuities, and life insurance accumulation products, as well as voluntary savings plans in Brazil, Chile, Mexico, China, Hong Kong Special Administrative Region, India, and Southeast Asia. The U.S. Insurance Solutions segment provides specialty benefits, such as group dental and vision insurance, group life insurance, and group and individual disability insurance, as well as administers group dental, disability, and vision benefits; and individual life insurance products comprising universal, variable universal, indexed universal, and term life insurance products in the United States. It also offers insurance solutions for small and medium-sized businesses and their owners, as well as executives. Principal Financial Group, Inc. was founded in 1879 and is based in Des Moines, Iowa.
Principal Financial Dividend Announcement
• Principal Financial announced a quarterly dividend of $0.73 per ordinary share which will be made payable on 2024-12-18. Ex dividend date: 2024-12-02
• Principal Financial annual dividend for 2024 was $2.85
• Principal Financial annual dividend for 2023 was $2.60
• Principal Financial's trailing twelve-month (TTM) dividend yield is 4.03%
• Principal Financial's payout ratio for the trailing twelve months (TTM) is -316.21%
• Principal Financial's dividend growth over the last five years (2018-2023) was 4.36% year
• Principal Financial's dividend growth over the last ten years (2013-2023) was 10.25% year
Principal Financial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-02 | $0.73 | quarterly | 2024-12-18 |
| 2024-09-05 | $0.72 | quarterly | 2024-09-27 |
| 2024-06-03 | $0.71 | quarterly | 2024-06-27 |
| 2024-03-11 | $0.69 | quarterly | 2024-03-28 |
| 2023-11-30 | $0.67 | quarterly | 2023-12-20 |
| 2023-09-06 | $0.65 | quarterly | 2023-09-29 |
| 2023-05-31 | $0.64 | quarterly | 2023-06-30 |
| 2023-03-14 | $0.64 | quarterly | 2023-03-31 |
| 2022-11-30 | $0.64 | quarterly | 2022-12-19 |
| 2022-09-07 | $0.64 | quarterly | 2022-09-30 |
| 2022-06-01 | $0.64 | quarterly | 2022-06-24 |
| 2022-03-09 | $0.64 | quarterly | 2022-03-25 |
| 2021-11-30 | $0.64 | quarterly | 2021-12-21 |
| 2021-08-31 | $0.63 | quarterly | 2021-09-24 |
| 2021-06-02 | $0.61 | quarterly | 2021-06-25 |
| 2021-02-26 | $0.56 | quarterly | 2021-03-26 |
| 2020-12-01 | $0.56 | quarterly | 2020-12-21 |
| 2020-08-31 | $0.56 | quarterly | 2020-09-25 |
| 2020-05-29 | $0.56 | quarterly | 2020-06-26 |
| 2020-02-28 | $0.56 | quarterly | 2020-03-27 |
| 2019-12-02 | $0.55 | quarterly | 2019-12-27 |
| 2019-09-04 | $0.55 | quarterly | 2019-09-27 |
| 2019-05-31 | $0.54 | quarterly | 2019-05-07 |
| 2019-03-01 | $0.54 | quarterly | 2019-03-29 |
| 2018-11-30 | $0.54 | quarterly | 2018-12-28 |
| 2018-09-05 | $0.53 | quarterly | 2018-09-28 |
| 2018-06-01 | $0.52 | quarterly | 2018-06-29 |
| 2018-03-02 | $0.51 | quarterly | 2018-03-29 |
| 2017-12-01 | $0.49 | quarterly | 2017-12-28 |
| 2017-08-30 | $0.47 | quarterly | 2017-09-29 |
| 2017-06-01 | $0.46 | quarterly | 2017-06-30 |
| 2017-03-02 | $0.45 | quarterly | 2017-03-31 |
| 2016-12-01 | $0.43 | quarterly | 2016-12-27 |
| 2016-08-31 | $0.41 | quarterly | 2016-09-30 |
| 2016-06-02 | $0.39 | quarterly | 2016-06-24 |
| 2016-03-03 | $0.38 | quarterly | 2016-03-25 |
| 2015-12-03 | $0.38 | quarterly | 2015-12-28 |
| 2015-09-02 | $0.38 | quarterly | 2015-09-25 |
| 2015-06-04 | $0.38 | quarterly | 2015-06-26 |
| 2015-03-05 | $0.36 | quarterly | 2015-03-27 |
| 2014-12-04 | $0.34 | quarterly | 2014-12-26 |
| 2014-09-04 | $0.34 | quarterly | 2014-09-26 |
| 2014-06-05 | $0.32 | quarterly | 2014-06-27 |
| 2014-03-06 | $0.28 | quarterly | 2014-03-28 |
| 2013-12-05 | $0.26 | quarterly | 2013-12-27 |
| 2013-09-03 | $0.26 | quarterly | 2013-09-27 |
| 2013-05-30 | $0.23 | quarterly | 2013-06-28 |
| 2013-03-07 | $0.23 | quarterly | 2013-03-29 |
Principal Financial Dividend per year
Principal Financial Dividend growth
Principal Financial Dividend Yield
Principal Financial current trailing twelve-month (TTM) dividend yield is 4.03%. Interested in purchasing Principal Financial stock? Use our calculator to estimate your expected dividend yield:
Principal Financial Financial Ratios
P/E ratio-97.51
PEG ratio5.67
P/B ratio1.79
ROE-1.86%
Payout ratio-316.21%
Current ratio0.32
Quick ratio0.32
Cash Ratio0.32
Principal Financial Dividend FAQ
How much is the next Principal Financial dividend?
Principal Financial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Principal Financial dividend. The next Principal Financial dividend will be released in March, May, September, or November.
When is Principal Financial dividend paid?
Principal Financial pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, September, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Principal Financial pay?
The specific amount of Principal Financial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Principal Financial's dividend history.
Does Principal Financial stock pay dividends?
Yes, Principal Financial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Principal Financial's dividend history.
How much dividend does Principal Financial pay?
Principal Financial paid $2.85 in 2024, $2.6 in 2023, $2.56 in 2022, $2.44 in 2021, and $2.24 in 2020.
How often does Principal Financial pay dividends?
Principal Financial typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, September, and November.
What is Principal Financial's dividend yield?
The current dividend yield for Principal Financial is 4.03%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Principal Financial's exact dividend yield.
When does Principal Financial go ex dividend?
Principal Financial's ex-dividend date for the latest dividend was on 2024-12-02. Principal Financial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Principal Financial dividend paid?
Principal Financial pays dividends on a quarterly basis, typically around March, May, September, or November, but the exact dates can vary each year.
Will Principal Financial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Principal Financial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Principal Financial dividend per share?
Principal Financial paid $2.85 per share in 2024 and $2.6 per share in 2023. The amount of dividend per share that Principal Financial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Principal Financial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Principal Financial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Principal Financial a dividend stock?
Yes, Principal Financial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Principal Financial a good dividend stock?
Whether Principal Financial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Principal Financial has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Principal Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Principal Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Principal Financial pay dividends monthly?
Principal Financial typically pays dividends on a quarterly basis.
Does Principal Financial pay dividends quarterly?
Principal Financial currently pays dividends on a quarterly basis.
Has Principal Financial ever paid a dividend?
Yes, Principal Financial has a history of paying dividends to its shareholders. Principal Financial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Principal Financial dividend stocks?
To buy Principal Financial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Principal Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Principal Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Principal Financial pay dividends 2024?
Principal Financial pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Principal Financial increase its dividend in 2024?
Decisions regarding Principal Financial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Principal Financial dividend overview you can look into the above table of dividend history.
How Principal Financial dividend works?
The Principal Financial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Principal Financial's dividend process works:
1. Determination of Dividend: Principal Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Principal Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Principal Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Principal Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Principal Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Principal Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Principal Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Principal Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Principal Financial dividends paid?
Principal Financial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Principal Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Principal Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Principal Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Principal Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Principal Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Principal Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Principal Financial pay dividends?
Principal Financial typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Principal Financial pay dividends?
The general pattern is that Principal Financial pays dividends around March, May, September, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Principal Financial dividend safe?
The safety of Principal Financial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Principal Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Principal Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Principal Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Principal Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.