Principal Financial Group Inc. (PFG) Dividends
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 Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $81.35 | $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 |
|---|---|---|---|
| 2024-03-11 | Dividend | $0.69 | +2.99% |
| 2023-11-30 | Dividend | $0.67 | +3.08% |
| 2023-09-06 | Dividend | $0.65 | +1.56% |
| 2023-05-31 | Dividend | $0.64 | -- |
| 2023-03-14 | Dividend | $0.64 | -- |
| 2022-11-30 | Dividend | $0.64 | -- |
| 2022-09-07 | Dividend | $0.64 | -- |
| 2022-06-01 | Dividend | $0.64 | -- |
| 2022-03-09 | Dividend | $0.64 | -- |
| 2021-11-30 | Dividend | $0.64 | +1.59% |
| 2021-08-31 | Dividend | $0.63 | +3.28% |
| 2021-06-02 | Dividend | $0.61 | +8.93% |
| 2021-02-26 | Dividend | $0.56 | -- |
| 2020-12-01 | Dividend | $0.56 | -- |
| 2020-08-31 | Dividend | $0.56 | -- |
| 2020-05-29 | Dividend | $0.56 | -- |
| 2020-02-28 | Dividend | $0.56 | +1.82% |
| 2019-12-02 | Dividend | $0.55 | -- |
| 2019-09-04 | Dividend | $0.55 | +1.85% |
| 2019-05-31 | Dividend | $0.54 | +1,048.94% |
| 2019-04-25 | Dividend | $0.05 | -91.30% |
| 2019-03-01 | Dividend | $0.54 | -- |
| 2018-11-30 | Dividend | $0.54 | +1.89% |
| 2018-09-05 | Dividend | $0.53 | +1.92% |
| 2018-06-01 | Dividend | $0.52 | +1.96% |
| 2018-03-02 | Dividend | $0.51 | +4.08% |
| 2017-12-01 | Dividend | $0.49 | +4.26% |
| 2017-08-30 | Dividend | $0.47 | +2.17% |
| 2017-06-01 | Dividend | $0.46 | +2.22% |
| 2017-03-02 | Dividend | $0.45 | +4.65% |
| 2016-12-01 | Dividend | $0.43 | +4.88% |
| 2016-08-31 | Dividend | $0.41 | +5.13% |
| 2016-06-02 | Dividend | $0.39 | +2.63% |
| 2016-03-03 | Dividend | $0.38 | -- |
| 2015-12-03 | Dividend | $0.38 | -- |
| 2015-09-02 | Dividend | $0.38 | -- |
| 2015-06-04 | Dividend | $0.38 | +5.56% |
| 2015-03-05 | Dividend | $0.36 | +5.88% |
| 2014-12-04 | Dividend | $0.34 | -- |
| 2014-09-04 | Dividend | $0.34 | +6.25% |
| 2014-06-05 | Dividend | $0.32 | +14.29% |
| 2014-03-06 | Dividend | $0.28 | +7.69% |
| 2013-12-05 | Dividend | $0.26 | -- |
| 2013-09-03 | Dividend | $0.26 | +13.04% |
| 2013-05-30 | Dividend | $0.23 | -- |
| 2013-03-07 | Dividend | $0.23 | +9.52% |
| 2012-12-06 | Dividend | $0.21 | -- |
| 2012-09-04 | Dividend | $0.21 | +16.67% |
| 2012-05-31 | Dividend | $0.18 | -- |
| 2012-03-08 | Dividend | $0.18 | -74.29% |
| 2011-11-08 | Dividend | $0.70 | +27.27% |
| 2010-11-17 | Dividend | $0.55 | +10.00% |
| 2009-11-10 | Dividend | $0.50 | +11.11% |
| 2008-11-12 | Dividend | $0.45 | -50.00% |
| 2007-11-14 | Dividend | $0.90 | +12.50% |
| 2006-11-20 | Dividend | $0.80 | +23.08% |
| 2005-11-15 | Dividend | $0.65 | +18.18% |
| 2004-11-09 | Dividend | $0.55 | +22.22% |
| 2003-11-05 | Dividend | $0.45 | +80.00% |
| 2002-11-06 | Dividend | $0.25 | -- |
PFG Dividends vs. Peers
PFG's dividend yield currently ranks #37 of 40 vs. its peers in the Insurance - Life category.
Looking for More Information on PFG dividends?
Want to do more research on Principal Financial Group Inc's dividends? Try the links below:Principal Financial Group Inc Common Stock (PFG) Dividend History | Nasdaq
Dividend History for Principal Financial Group Inc (PFG) - Dividend Investor
Principal Financial Group Inc (PFG) Dividend History - Seeking Alpha