Principal Financial Group Dividend
Dividend criteria checks 5/6
Principal Financial Group is a dividend paying company with a current yield of 3.38% that is well covered by earnings. Next payment date is on 27th June, 2024 with an ex-dividend date of 3rd June, 2024.
Key information
3.4%
Dividend yield
49%
Payout ratio
| Industry average yield | 1.8% |
| Next dividend pay date | 27 Jun 24 |
| Ex dividend date | 03 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | US$5.53 |
| Dividend yield forecast in 3Y | 3.9% |
Recent dividend updates
Principal Financial Group (NASDAQ:PFG) Is Increasing Its Dividend To $0.71
May 07
Principal Financial Group's (NASDAQ:PFG) Upcoming Dividend Will Be Larger Than Last Year's
Feb 19Principal Financial Group (NASDAQ:PFG) Will Pay A Larger Dividend Than Last Year At $0.67
Nov 23Recent updates
Principal Financial Group (NASDAQ:PFG) Is Increasing Its Dividend To $0.71
May 07Principal Financial: Asset Management Headwinds Make Shares Less Attractive (Rating Downgrade)
Apr 09Principal Financial Group's (NASDAQ:PFG) Upcoming Dividend Will Be Larger Than Last Year's
Feb 19Principal Financial Group: An Expensive Insurance Company With Limited Near-Term Upside
Jan 26Principal Financial Group, Inc.'s (NASDAQ:PFG) Low P/E No Reason For Excitement
Dec 20Principal Financial Group (NASDAQ:PFG) Will Pay A Larger Dividend Than Last Year At $0.67
Nov 23Principal Financial Group (NASDAQ:PFG) Is Increasing Its Dividend To $0.67
Oct 31Principal Financial Group's (NASDAQ:PFG) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 01Is Now The Time To Put Principal Financial Group (NASDAQ:PFG) On Your Watchlist?
Jun 30Principal Financial Group (NASDAQ:PFG) Will Pay A Dividend Of $0.64
May 25Principal Financial Group (NASDAQ:PFG) Has Announced A Dividend Of $0.64
May 02Here's Why Principal Financial Group (NASDAQ:PFG) Has Caught The Eye Of Investors
Feb 25Principal Financial Group (NASDAQ:PFG) Has Announced A Dividend Of $0.64
Feb 07With EPS Growth And More, Principal Financial Group (NASDAQ:PFG) Makes An Interesting Case
Nov 22Principal Financial Group (NASDAQ:PFG) Will Pay A Dividend Of $0.64
Nov 01Principal Financial Group rebrands investment unit as Principal Asset Management
Oct 10Principal Financial Group cut to Neutral at Credit Suisse on valuation
Aug 18Why It Isn't Time To Go Back To Principal Financial Group
Aug 11Principal Financial Group (NASDAQ:PFG) Ticks All The Boxes When It Comes To Earnings Growth
Aug 11Updating Principal Financial Group With A Solid 'Buy'
May 11Principal Financial Group - An Excellent, But Overvalued Insurance Player
Feb 15If You Like EPS Growth Then Check Out Principal Financial Group (NASDAQ:PFG) Before It's Too Late
Feb 14Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: PFG's dividends per share have been stable in the past 10 years.
Growing Dividend: PFG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Principal Financial Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (PFG) | 3.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Insurance) | 1.8% |
| Analyst forecast in 3 Years (PFG) | 3.9% |
Notable Dividend: PFG's dividend (3.38%) is higher than the bottom 25% of dividend payers in the US market (1.5%).
High Dividend: PFG's dividend (3.38%) is low compared to the top 25% of dividend payers in the US market (4.66%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49%), PFG's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.5%), PFG's dividend payments are well covered by cash flows.