Principal Financial Group, Inc. (PFG) To Go Ex-Dividend on March 11th

Principal Financial Group, Inc. (NYSE:PFG) announced a quarterly dividend on Friday, February 6th. Investors of record on Wednesday, March 11th will be paid a dividend of 0.80 per share on Friday, March 27th. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Wednesday, March 11th. This is a 1.3% increase from Principal Financial Group’s previous quarterly dividend of $0.79.

Principal Financial Group has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 2 years. Principal Financial Group has a payout ratio of 35.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Principal Financial Group to earn $9.30 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 34.4%.

Principal Financial Group Stock Down 1.3%

Shares of NYSE:PFG opened at $92.26 on Monday. Principal Financial Group has a 1 year low of $68.39 and a 1 year high of $97.88. The company has a market capitalization of $20.01 billion, a PE ratio of 13.81, a price-to-earnings-growth ratio of 0.76 and a beta of 0.87. The business has a fifty day moving average price of $92.39 and a two-hundred day moving average price of $86.49. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.29 and a quick ratio of 0.30.

Principal Financial Group (NYSE:PFG) last released its earnings results on Monday, February 9th. The company reported $2.19 EPS for the quarter, missing analysts’ consensus estimates of $2.22 by ($0.03). Principal Financial Group had a return on equity of 14.68% and a net margin of 9.74%.During the same period in the prior year, the firm earned $1.94 EPS. Principal Financial Group has set its FY 2026 guidance at 9.010-9.260 EPS. Analysts forecast that Principal Financial Group will post 8.5 earnings per share for the current year.

Principal Financial Group Company Profile

Principal Financial Group, commonly known as Principal, is a global financial services company headquartered in Des Moines, Iowa. The firm provides a broad range of retirement, investment management and insurance solutions for individual, employer and institutional clients. Its core businesses include retirement plan services and recordkeeping, asset management, and life and disability insurance, supported by distribution through employers, financial advisors and direct channels.

On the retirement side, Principal offers 401(k) and other workplace retirement plans, individual retirement accounts and annuity products designed to help clients accumulate and manage retirement savings.