Principal Financial Group Inc. (PFG) Dividends

Principal Financial Group Inc. (PFG): $78.98

0.50 (+0.64%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

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Industry: Insurance - Life

Industry

B

Ranked

#15 of 27

in industry

Dividend Yield and Dividend History Highlights

  • As for free cash flow, PFG has greater average cash flow over the past 5.5 years than 91.96% US-listed dividend payers.
  • Regarding free cash flow variation: PFG reports less variability in its cash flow than 90.18% of dividend stocks in our set.
  • PFG has a compound annual growth rate of its cash flow of -0.11%, higher than about only 10.43% stocks in our dividend set.
  • If you want to include this stock in your dividend portfolio, here are some dividend stocks that are NOT correlated with PFG that may be suitable potential portfolio mates: PJT, NWFL, PRPL, GHG and WPG.
PFG Ex-Dividend Date
PFG Dividend Yield
3.50%
PFG Annual Dividend
$2.76
PFG Payout Ratio

PFG Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$78.98$57.03 -19.44%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of PFG, the dividend discount model StockNews created for the company implies a negative return of 19.44%. Digging deeper, the aspects of Principal Financial Group Inc's dividend discount model that we found most interesting were:

  • Given its market cap of around 19 billion US dollars, its dividend yield of 3.62 is greater than 83.53% of its fellow stocks in the large market cap class.
  • A stock's beta generally indicates its volatility relative to the broader equity market; for Principal Financial Group Inc, its beta is lower than just 14.49% of dividend issuing stocks we observed.
  • In comparison to its fellow dividend issuing stocks in the Financial Services sector, Principal Financial Group Inc has an equity discount rate lower than just 14.4% of them.


PFG Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-03-11Dividend$0.69+2.99%
2023-11-30Dividend$0.67+3.08%
2023-09-06Dividend$0.65+1.56%
2023-05-31Dividend$0.64--
2023-03-14Dividend$0.64--
2022-11-30Dividend$0.64--
2022-09-07Dividend$0.64--
2022-06-01Dividend$0.64--
2022-03-09Dividend$0.64--
2021-11-30Dividend$0.64+1.59%
2021-08-31Dividend$0.63+3.28%
2021-06-02Dividend$0.61+8.93%
2021-02-26Dividend$0.56--
2020-12-01Dividend$0.56--
2020-08-31Dividend$0.56--
2020-05-29Dividend$0.56--
2020-02-28Dividend$0.56+1.82%
2019-12-02Dividend$0.55--
2019-09-04Dividend$0.55+1.85%
2019-05-31Dividend$0.54+1,048.94%
2019-04-25Dividend$0.05-91.30%
2019-03-01Dividend$0.54--
2018-11-30Dividend$0.54+1.89%
2018-09-05Dividend$0.53+1.92%
2018-06-01Dividend$0.52+1.96%
2018-03-02Dividend$0.51+4.08%
2017-12-01Dividend$0.49+4.26%
2017-08-30Dividend$0.47+2.17%
2017-06-01Dividend$0.46+2.22%
2017-03-02Dividend$0.45+4.65%
2016-12-01Dividend$0.43+4.88%
2016-08-31Dividend$0.41+5.13%
2016-06-02Dividend$0.39+2.63%
2016-03-03Dividend$0.38--
2015-12-03Dividend$0.38--
2015-09-02Dividend$0.38--
2015-06-04Dividend$0.38+5.56%
2015-03-05Dividend$0.36+5.88%
2014-12-04Dividend$0.34--
2014-09-04Dividend$0.34+6.25%
2014-06-05Dividend$0.32+14.29%
2014-03-06Dividend$0.28+7.69%
2013-12-05Dividend$0.26--
2013-09-03Dividend$0.26+13.04%
2013-05-30Dividend$0.23--
2013-03-07Dividend$0.23+9.52%
2012-12-06Dividend$0.21--
2012-09-04Dividend$0.21+16.67%
2012-05-31Dividend$0.18--
2012-03-08Dividend$0.18-74.29%
2011-11-08Dividend$0.70+27.27%
2010-11-17Dividend$0.55+10.00%
2009-11-10Dividend$0.50+11.11%
2008-11-12Dividend$0.45-50.00%
2007-11-14Dividend$0.90+12.50%
2006-11-20Dividend$0.80+23.08%
2005-11-15Dividend$0.65+18.18%
2004-11-09Dividend$0.55+22.22%
2003-11-05Dividend$0.45+80.00%
2002-11-06Dividend$0.25--


PFG Dividends vs. Peers

PFG's dividend yield currently ranks #37 of 40 vs. its peers in the Insurance - Life category.
Rank Symbol Name Dividend Yield
1 MET MetLife Inc. 0.00%
2 MFC Manulife Financial Corporation 0.00%
3 ELFIF E-L Financial Corporation Limited 0.00%
4 CIA Citizens, Inc. ($1.00 Par) 0.00%
5 FFG FBL Financial Group, Inc. 0.00%
6 FGL Fidelity & Guaranty Life 0.00%
7 IAFNF iA Financial Corporation Inc. 0.00%
8 PNX Phoenix Companies 0.00%
9 TIPT Tiptree Inc. 0.00%
10 GL Globe Life Inc. 0.00%
11 PRI Primerica, Inc. 0.00%
12 PRU Prudential Financial Inc. 0.00%
13 NWLI National Western Life Group, Inc. - 0.00%
14 EQH Equitable Holdings Inc. 0.00%
15 MDWT MIDWEST HOLDING INC. 0.00%
16 PUK Prudential PLC ADR 0.00%
17 SCRYY SCOR SE 0.00%
18 BHF Brighthouse Financial, Inc. 0.00%
19 ZURVY Zurich Insurance Group AG ADR 0.00%
20 SNFCA Security National Financial Corp. Cl A 0.00%
21 ARZGY Assicurazioni Generali S.p.A. 0.00%
22 NNGRY NN Group N.V. 0.00%
23 FG FGL Holdings Ordinary Share 0.00%
24 GWGH GWG Holdings, Inc 0.00%
25 AVVIY Aviva PLC ADR 0.00%
26 GJNSY Gjensidige Forsikring ASA 0.00%
27 LFCHY China Life Insurance Co. Ltd. ADR 0.00%
28 AAGIY AIA Group Limited 0.00%
29 KCLI Kansas City Life Insurance Company 0.00%
30 AAME Atlantic American Corporation 0.00%
31 IHC Independence Holding Company 0.00%
32 LNC Lincoln National Corp. 0.00%
33 AV Aviva Plc 0.00%
34 GWLIF Great-West Lifeco Inc. 0.00%
35 GNW Genworth Financial Inc 0.00%
36 TDHOY T&D Holdings, Inc. 0.00%
37 PFG Principal Financial Group Inc. 0.00%
38 AEB AEGON N.V. 6.2996% Floating Perpetual Capital Secs. 0.00%
39 AEG Aegon N.V. ADR 0.00%
40 AEL American Equity Investment Life Holding Company 0.00%

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