Principal Financial Group (PFG) Raises Quarterly Dividend 5.6% to $0.38; 3% Yield

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Principal Financial Group, Inc. Announces First Quarter Results; Company Also Announces Common Stock Dividend Increase

April 23, 2015 4:01 PM EDT

Company Highlights

1Q 2015 operating earnings1 of $326.4 million, or $1.09 per diluted share; Record 1Q 2015 net income available to common stockholders of $414.2 million, or $1.39 per diluted share; Record assets under management (AUM) of $530.3 billion; Return on equity2 of 14.0 percent; Company declares second quarter 2015 dividend of $0.38 per share of common stock, a 6 percent increase over the first quarter 2015 dividend.

DES MOINES, Iowa--(BUSINESS WIRE)-- Principal Financial Group, Inc. (NYSE: PFG) today... More