Principal Financial (PFG) Raises Quarterly Dividend 14.3% to $0.32; Approves $200M Buyback

Principal Financial Group, Inc. (NYSE: PFG) declared a quarterly dividend of $0.32 per share, or $1.28 annualized. This is a 14.3% increase from the prior dividend of $0.28.

The dividend will be payable on June 27, 2014, to stockholders of record on June 9, 2014, with an ex-dividend date of June 5, 2014.

The annual yield on the dividend is 2.9 percent.

Board authorized repurchase of up to $200 million of company’s outstanding common stock.

For a dividend history and other dividend-related data on Principal Financial Group, Inc. (PFG) click here.

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