The new dividend rate offers a 3.1% annual yield, calculated against the company's Monday closing stock price of $110.13. Investors on record as of December 2 are eligible for the payout, which is scheduled for distribution on December 18.
In section Market Quotes
Principal Financial Group Raises Quarterly Dividend to 85 Cents
Shareholders of Principal Financial Group will see a modest increase in their upcoming payouts, as the company lifts its quarterly dividend by one cent to 85 cents per share. This adjustment brings the total annual distribution to $3.40, reflecting the insurer's current approach to capital returns for its investors.
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