Principal Financial Group (PFG) Raises Quarterly Dividend 4.7% to $0.45; 3.1% Yield

Go back to Principal Financial Group (PFG) Raises Quarterly Dividend 4.7% to $0.45; 3.1% Yield

Principal® Announces Fourth Quarter and Full-Year 2016 Results

January 30, 2017 4:15 PM EST

Company Also Announces Increase to Common Stock Dividend

Company Highlights

Fourth quarter 2016 net income available to common stockholders of $318.0 million, or $1.09 per diluted share; Full year 2016 net income available to common stockholders was a record $1,316.5 million, or $4.50 per diluted share Fourth quarter 2016 operating earnings1 was a record $372.0 million, or $1.27 per diluted share; Full year 2016 operating earnings was a record $1,331.1 million, or $4.55 per diluted share Assets under management (AUM) of $591.6 billion, up 12 percent on a trailing twelve month basis, reflecting... More