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Principal Financial Group (PFG) Raises Quarterly Dividend 4.9% to $0.43; 3.2% Yield

Go back to Principal Financial Group (PFG) Raises Quarterly Dividend 4.9% to $0.43; 3.2% Yield

Principal Financial GroupĀ® Announces Third Quarter 2016 Results

October 27, 2016 4:16 PM EDT

Company Also Announces Increase to Common Stock Dividend

Company Highlights

Third quarter 2016 net income available to common stockholders of $308.2 million, or $1.06 per diluted share Third quarter 2016 operating earnings1 of $335.7 million, or $1.15 per diluted share Record assets under management (AUM) of $595.8 billion, up 15 percent on a trailing twelve month basis, reflecting $19.8 billion in net cash flows and strong investment performance Company declares fourth quarter 2016 common stock dividend of $0.43 per share, a 5 percent increase over the third quarter... More