Principal Financial Group Inc

Principal Financial Group Inc PFG

Dividend Summary

The next Principal Financial Group Inc dividend is expected to go ex in 1 month and to be paid in 2 months.
The previous Principal Financial Group Inc dividend was 63c and it went ex 2 months ago and it was paid 1 month ago.
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 2.7.

Latest Dividends
Summary Previous dividend Next dividend
Status Paid Forecast
Type Quarterly Quarterly
Per share 63c Sign Up Required
Declaration date 27 Jul 2021 (Tue) 25 Oct 2021 (Mon)
Ex-div date 31 Aug 2021 (Tue) 30 Nov 2021 (Tue)
Pay date 24 Sep 2021 (Fri) 20 Dec 2021 (Mon)

Enter the number of Principal Financial Group Inc shares you hold and we'll calculate your dividend payments:

Previous Payment
Next Payment
Forecast Accuracy
96%
Our premium tools have predicted Principal Financial Group Inc with 96% accuracy.
Dividend Yield Today
3.6%
The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price
The table below shows the full dividend history for Principal Financial Group Inc
Status Type Decl. date Ex-div date Pay date Decl. Currency Forecast amount Decl. amount Accuracy
Forecast Quarterly 28 Jan 2026 27 Feb 2026 27 Mar 2026 USD Sign up
Forecast Quarterly 20 Oct 2025 25 Nov 2025 15 Dec 2025 USD Sign up
Forecast Quarterly 22 Jul 2025 26 Aug 2025 26 Sep 2025 USD Sign up
Forecast Quarterly 21 Apr 2025 28 May 2025 27 Jun 2025 USD Sign up
Forecast Quarterly 28 Jan 2025 28 Feb 2025 28 Mar 2025 USD Sign up
Forecast Quarterly 21 Oct 2024 26 Nov 2024 16 Dec 2024 USD Sign up
Forecast Quarterly 23 Jul 2024 27 Aug 2024 27 Sep 2024 USD Sign up
Forecast Quarterly 22 Apr 2024 29 May 2024 28 Jun 2024 USD Sign up
Forecast Quarterly 29 Jan 2024 01 Mar 2024 29 Mar 2024 USD Sign up
Forecast Quarterly 23 Oct 2023 28 Nov 2023 18 Dec 2023 USD Sign up
Forecast Quarterly 25 Jul 2023 29 Aug 2023 29 Sep 2023 USD Sign up
Forecast Quarterly 24 Apr 2023 31 May 2023 30 Jun 2023 USD Sign up
Forecast Quarterly 27 Jan 2023 03 Mar 2023 31 Mar 2023 USD Sign up
Forecast Quarterly 24 Oct 2022 29 Nov 2022 19 Dec 2022 USD Sign up
Forecast Quarterly 26 Jul 2022 30 Aug 2022 30 Sep 2022 USD Sign up
Forecast Quarterly 25 Apr 2022 01 Jun 2022 24 Jun 2022 USD Sign up
Forecast Quarterly 28 Jan 2022 04 Mar 2022 25 Mar 2022 USD Sign up
Forecast Quarterly 25 Oct 2021 30 Nov 2021 20 Dec 2021 USD Sign up
Paid Quarterly 27 Jul 2021 31 Aug 2021 24 Sep 2021 USD 61c 63c 😃
Paid Quarterly 26 Apr 2021 02 Jun 2021 25 Jun 2021 USD 57c 61c 😊
Paid Quarterly 28 Jan 2021 26 Feb 2021 26 Mar 2021 USD 57c 56c 😃
Paid Quarterly 26 Oct 2020 01 Dec 2020 21 Dec 2020 USD 57c 56c 😃
Paid Quarterly 27 Jul 2020 31 Aug 2020 25 Sep 2020 USD 57c 56c 😃
Paid Quarterly 24 Apr 2020 29 May 2020 26 Jun 2020 USD 58c 56c 😃
Paid Quarterly 28 Jan 2020 28 Feb 2020 27 Mar 2020 USD 56c 56c 😄
Paid Quarterly 23 Oct 2019 02 Dec 2019 27 Dec 2019 USD 56c 55c 😃
Paid Quarterly 24 Jul 2019 04 Sep 2019 27 Sep 2019 USD 55c
Paid Quarterly 24 Apr 2019 31 May 2019 28 Jun 2019 USD 54c
Paid Quarterly 28 Jan 2019 01 Mar 2019 29 Mar 2019 USD 54c
Paid Quarterly 24 Oct 2018 30 Nov 2018 28 Dec 2018 USD 54c
Paid Quarterly 24 Jul 2018 05 Sep 2018 28 Sep 2018 USD 53c
Paid Quarterly 25 Apr 2018 01 Jun 2018 29 Jun 2018 USD 52c
Paid Quarterly 26 Jan 2018 02 Mar 2018 29 Mar 2018 USD 51c
Paid Quarterly 26 Oct 2017 01 Dec 2017 28 Dec 2017 USD 49c
Paid Quarterly 26 Jul 2017 30 Aug 2017 29 Sep 2017 USD 47c
Paid Quarterly 27 Apr 2017 01 Jun 2017 30 Jun 2017 USD 46c
Paid Quarterly 30 Jan 2017 02 Mar 2017 31 Mar 2017 USD 45c
Paid Quarterly 27 Oct 2016 01 Dec 2016 27 Dec 2016 USD 43c
Paid Quarterly 28 Jul 2016 31 Aug 2016 30 Sep 2016 USD 41c
Paid Quarterly 02 Jun 2016 24 Jun 2016 USD 39c
Paid Quarterly 01 Feb 2016 03 Mar 2016 25 Mar 2016 USD 38c
Paid Quarterly 22 Oct 2015 03 Dec 2015 28 Dec 2015 USD 38c
Paid Quarterly 23 Jul 2015 02 Sep 2015 25 Sep 2015 USD 38c
Paid Quarterly 22 Apr 2015 04 Jun 2015 26 Jun 2015 USD 38c
Paid Quarterly 28 Jan 2015 05 Mar 2015 27 Mar 2015 USD 36c
Paid Quarterly 22 Oct 2014 04 Dec 2014 26 Dec 2014 USD 34c
Paid Quarterly 24 Jul 2014 04 Sep 2014 26 Sep 2014 USD 34c
Paid Quarterly 23 Apr 2014 05 Jun 2014 27 Jun 2014 USD 32c
Paid Quarterly 30 Jan 2014 06 Mar 2014 28 Mar 2014 USD 28c
Paid Quarterly 23 Oct 2013 05 Dec 2013 27 Dec 2013 USD 26c
Paid Quarterly 24 Jul 2013 03 Sep 2013 27 Sep 2013 USD 26c
Paid Quarterly 25 Apr 2013 30 May 2013 28 Jun 2013 USD 23c
Paid Quarterly 30 Jan 2013 07 Mar 2013 29 Mar 2013 USD 23c
Paid Quarterly 25 Oct 2012 06 Dec 2012 28 Dec 2012 USD 21c
Paid Quarterly 04 Sep 2012 28 Sep 2012 USD 21c
Paid Quarterly 31 May 2012 29 Jun 2012 USD 18c
Year Amount Change
2006 0.0c
2007 0.0c
0%
2008 0.0c
0%
2009 0.0c
0%
2010 0.0c
0%
2011 0.0c
0%
2012 83.0c
100%
2013 103.0c
24.1%
2014 136.0c
32.0%
2015 152.0c
11.8%
2016 168.0c
10.5%
2017 193.0c
14.9%
2018 213.0c
10.4%
2019 220.0c
3.3%
2020 224.0c
1.8%
2021 Sign Up Required
2022 Sign Up Required
2023 Sign Up Required
2024 Sign Up Required
2025 Sign Up Required

Principal Financial Group Inc Optimized Dividend Chart

The chart below shows the optimized dividends for this security over a rolling 12-month period.
Dividend Yield Today
3.6%
Optimized Yield
Sign Up Required
52 Week High
7.7% on 28 October 2020
52 Week Low
3.7% on 03 June 2021
Next Ex-Div-Date Countdown
Sign Up Required

About Principal Financial Group Inc

Principal Financial Group, Inc., incorporated on April 18, 2001, is an investment management company. The Company offers a range of financial products and services, including retirement, asset management and insurance. The Company's segments include Retirement and Income Solutions; Principal Global Investors, Principal International; U.S. Insurance Solutions, and Corporate. The Company focuses on small and medium-sized businesses, providing a range of retirement and employee benefit solutions, and individual insurance solutions to meet the needs of the business owners and their employees. The Company offers services to businesses, individuals and institutional clients.

Retirement and Income Solutions Segment

The Company offers a portfolio of products and services for retirement savings and retirement income. To businesses of all sizes with a focus on small and medium-sized businesses, it offers products and services for defined contribution plans, including 401(k) and 403(b) plans, defined benefit pension plans, non-qualified executive benefit plans and employee stock ownership plan (ESOP) services and full service payout services. It offers SIMPLE Individual Retirement Accounts (IRA) and payroll deduction plans. To large institutional clients, it also offers investment-only products, including investment only guaranteed investment contracts (GICs). To employees of businesses and other individuals, the Company offers the ability to accumulate savings for retirement and other purposes through mutual funds, individual annuities and bank products.

The Company organizes its Retirement and Income Solutions operations into two business groupings: Retirement and Income Solutions-Fee, which includes full service accumulation, trust services and individual variable annuities, and Retirement and Income Solutions-Spread, which includes individual fixed annuities, investment only, full service payout and banking services. It delivers both administrative and investment services to its defined contribution plan and defined benefit plan customers through annuity contracts, collective investment trusts and mutual funds. Its mutual fund service platform is called Principal Advantage, a plan service package based on its series mutual fund, Principal Funds, Inc. (PFI). It offers investments covering the full range of stable value, equity, fixed income, real estate and international investment options managed by its Principal Global Investors segment, as well as third party asset managers. In addition, full service accumulation offers plan sponsors trust services through an affiliated trust company. Its individual variable deferred annuities provide customers with the flexibility to allocate their deposits to mutual funds managed by the Principal Global Investors segment or unaffiliated third party asset managers.

The Company's individual fixed deferred annuities consist of both single premium deferred annuity contracts and flexible premium deferred annuity contracts (FPDAs). It also offers a fixed deferred annuity where the interest credited is linked to an external equity index, subject to maximum and minimum values. The Company's individual fixed income annuities consist of single premium immediate annuity contracts (SPIAs) and deferred income annuity contracts (DIAs). SPIAs and DIAs are products where the customer pays a premium in return for periodic benefit payments. The Company provides investment only services for GICs and funding agreements. It offers full service payout products, which respond primarily to the needs of pension plan sponsors in the form of single premium group annuities, which are immediate or deferred annuities that provide a current or future specific income amount, fully guaranteed by it. The Company's subsidiary, Principal Bank, offers IRAs, which provide Federal Deposit Insurance Corporation (FDIC)-insured retirement solutions for its customers.

Principal Global Investors Segment

The Company's Principal Global Investors segment manages assets for investors around the world. The Company focuses on providing services to its other segments in addition to its retail mutual fund and third party institutional clients. The Company delivers its products and services through its network of specialized investment groups and boutiques, including Principal Global Equities; Principal Global Fixed Income; Aligned Investors; Principal Real Estate Investors, LLC; Principal Enterprise Capital, LLC; Spectrum Asset Management, Inc.; Post Advisory Group, LLC; Columbus Circle Investors; Edge Asset Management, Inc.; Morley Financial Services, Inc.; Macro Currency Group; Finisterre Capital LLP; Origin Asset Management LLP, and Principal Portfolio Strategies. The Company offers mutual funds to individuals, businesses and institutional investors for use within variable life contracts, variable annuity contracts and employer-sponsored pension plans, as a rollover investment option and for general investment purposes. It also maintains various other domestic and global fund platforms, separately managed accounts and segregated accounts for institutional and retail investors.

The Company's multi-boutique strategy is diversified across various primary asset classes and service delivery options, including Equity Investments, Fixed Income Investments, Alternative Investments and Principal Portfolio Strategies. Products offered by the Principal Global Investors segment include individually managed accounts, separately managed accounts for high net worth individuals and fund platforms for retail and institutional investors, such as Principal Funds, Inc (PFI), Principal Variable Contracts Funds, Inc and Other Principal Global Investors Funds. PFI is a series mutual fund.

As of December 31, 2016, PFI offered 84 investment options for defined contribution plans, individuals, institutional investors, advisor fee-based programs and other retirement plan clients. Principal Variable Contracts Funds, Inc. is a series mutual fund that provides investment options for variable annuity and variable life insurance contracts issued by the Principal Life Insurance Company (Principal Life) and other insurance companies not affiliated with Principal Life. Principal Global Investors maintains various fund platforms, including Qualifying Investor Alternative Fund and Undertaking for Collective Investment in Transferable Securities funds domiciled in Dublin, Collective Investment Trusts, Business Trusts and other boutique sponsored funds.

Principal International Segment

The Company's Principal International segment has operations in Latin America and Asia. The Company offers pension accumulation products and services, mutual funds, asset management, income annuities and life insurance accumulation products. In Brazil, it offers a range of pension accumulation and income annuity products through a co-managed joint venture, Brasilprev Seguros e Previdencia S.A. It offers mutual fund and asset management services through Claritas Administracao de Recursos Ltda., a mutual fund and asset management company. In Chile, it offers pension accumulation and income annuity products, and also mutual fund, asset management services and life insurance accumulation products. The Company offers mandatory employee-funded pension and voluntary savings plans through Administradora de Fondos de Pensiones Cuprum S.A. (Cuprum). The Company offers income annuity and life insurance accumulation products through Principal Compania de Seguros de Vida Chile S.A., its life insurance company. The Company offers voluntary savings plans and mutual funds through Principal Administradora General de Fondos S.A., its mutual fund company. The Company offers asset management services through Principal Asset Management Chile S.A.

In China, the Company offers mutual funds and asset management services to individuals and institutions through a joint venture, CCB Principal Asset Management Co., Ltd. In Hong Kong SAR, it offers both pension saving and mutual fund products to corporate and retail clients through its subsidiaries. The Company's schemes include Mandatory Provident Fund (MPF) and Occupational Retirement Schemes Ordinance (ORSO). The Company sells mutual funds to retail customers seeking to accumulate assets for retirement and other long-term investment needs. In India, it offers mutual funds and asset management services to both retail and corporate customers through its joint venture, Principal Pnb Asset Management Company Private Limited. In Mexico, it offers pension accumulation, mutual funds, income annuities and asset management services through its companies. The Company offers mandatory pension plans through Principal Afore, S.A. de C.V. and Principal Grupo Financiero. The Company offers mutual funds and asset management services through Principal Fondos de Inversion, S.A. de C.V., Operadora de Fondos de Inversion and Principal Grupo Financiero. In Southeast Asia, it offers mutual funds, asset management services and pension accumulation products through its joint venture, CIMB-Principal Asset Management Berhad (CPAM).

U.S. Insurance Solutions Segment

The Company's U.S. Insurance Solutions segment provides group and individual insurance solutions. It focuses on providing insurance solutions for small and medium-sized businesses and their owners and executives. It organizes its operations into divisions, including Specialty Benefits Insurance and Individual Life Insurance. Specialty benefits insurance, which includes group dental, vision, life and disability insurance and individual disability insurance, is a component of the employee benefit offering at small and medium-sized businesses. It offers traditional employer sponsored and voluntary products for group dental, vision, life and disability. It also offers group dental, vision and disability on a fee-for-service basis. Its individual disability insurance is also sold on an individual or multi-life basis. Its group dental and vision insurance plans provide partial reimbursement for dental and vision expenses. Its group life insurance provides coverage to employees and their dependents for a specified period. It sells traditional group life insurance that does not provide for accumulation of cash values on both an employer paid and voluntary basis. Its group disability products include both short-term and long-term disability, offered on both an employer paid and voluntary basis. In addition, it provides disability management services, also called rehabilitation services, to assist individuals in returning to work following disability. It also offers voluntary critical illness insurance, which provides a lump-sum cash benefit to pay for additional expenses associated with common critical illnesses.

Its individual disability insurance products provide income protection to the insured member and/or business in the event of disability. In addition to income replacement, it offers products to pay business-related costs, such as overhead expenses for a disabled business owner, buy-out costs for business owners purchasing a disabled owner's interest in the business, expenditures for replacement of a key person and business loan payments. It also offers a product to protect retirement savings in the event of disability. It specializes in providing solutions for small to medium-sized companies to protect against risk and loss, assist with succession planning and wealth transfer and to build and protect wealth for retirement. It also provides solutions to meet the personal needs of business owners, executives and individuals. Its products include Universal and Variable Universal Life Insurance and Traditional Life Insurance. Universal and variable universal life insurance products offer the policyholder the option of adjusting both the premium and the death benefit amounts of the insurance contract. Traditional life insurance includes participating whole life, adjustable life products and non-participating term life insurance products.

Sector
Financial Services
Country
United States
Share Price
$69.44 (yesterday's closing price)
Shares in Issue
279 million
Market Cap
$19.4bn
Dividend Cover
How many times is the dividend covered by company income. A cover of 1 means all income is paid out in dividends
2.7
CADI
The Consecutive Annual Dividend Increases - the number of years this company has been increasing its dividends
9
Market Indices
S&P 500
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