Principal Financial Group (PFG) Tops Q2 EPS by 9c

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Principal Financial GroupĀ® Announces Second Quarter 2016 Results

July 28, 2016 4:15 PM EDT

Company Also Announces Increase to Common Stock Dividend

Company Highlights

Second quarter 2016 net income available to common stockholders of $322.3 million, or $1.10 per diluted share Second quarter 2016 operating earnings1 of $337.1 million, or $1.15 per diluted share Record assets under management (AUM) of $572.7 billion Company declares third quarter 2016 common stock dividend of $0.41 per share, a 5 percent increase over the second quarter 2016 dividend Repurchased 2.5 million shares of common stock at an average price of $42.06... More