GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Principal Financial Group Inc (NAS:PFG) » Definitions » 3-Year Dividend Growth Rate
中文

Principal Financial Group (Principal Financial Group) 3-Year Dividend Growth Rate

: 5.10% (As of Dec. 2023)
View and export this data going back to 2001. Start your Free Trial

Principal Financial Group's Dividends per Share for the three months ended in Dec. 2023 was $0.67.

The historical rank and industry rank for Principal Financial Group's 3-Year Dividend Growth Rate or its related term are showing as below:

PFG' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -15.1   Med: 13.5   Max: 37.5
Current: 5.1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Principal Financial Group was 37.50% per year. The lowest was -15.10% per year. And the median was 13.50% per year.

PFG's 3-Year Dividend Growth Rate is ranked better than
64.28% of 865 companies
in the Asset Management industry
Industry Median: 1.7 vs PFG: 5.10

During the past 12 months, Principal Financial Group's average Dividends Per Share Growth Rate was 1.60% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Principal Financial Group's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Principal Financial Group's Dividend Yield % is 3.24%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Principal Financial Group Inc is 1.04, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Asset Management subindustry, Principal Financial Group's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Principal Financial Group 3-Year Dividend Growth Rate Distribution

For the Asset Management industry and Financial Services sector, Principal Financial Group's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Principal Financial Group's 3-Year Dividend Growth Rate falls into.



Principal Financial Group 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Principal Financial Group  (NAS:PFG) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Principal Financial Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.67/ -3.59
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Principal Financial Group was 1.04. The lowest was 0.14. And the median was 0.38.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Principal Financial Group Inc is 1.04, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Principal Financial Group Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.6902024-03-112024-03-122024-03-28Cash DividendquarterlyUSD:USD 1.000000
USD 0.6702023-11-302023-12-012023-12-20Cash DividendquarterlyUSD:USD 1.000000
USD 0.6502023-09-062023-09-072023-09-29Cash DividendquarterlyUSD:USD 1.000000
USD 0.6402023-05-312023-06-012023-06-30Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Principal Financial Group's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.65/81.51
=3.25 %

Current Share Price is $81.51.
Principal Financial Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.65.

During the past 13 years, the highest Dividend Yield of Principal Financial Group was 8.49%. The lowest was 1.84%. And the median was 3.32%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Principal Financial Group 3-Year Dividend Growth Rate Related Terms>


Principal Financial Group (Principal Financial Group) Business Description

Traded in Other Exchanges
Address
711 High Street, Des Moines, IA, USA, 50392
Principal Financial Group Inc is a leader in Global investment management offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through our diverse family of financial services companies. It operates in four business segments that are Retirement and Income Solutions, Principal Global Investors, Principal International, and United States Insurance Solutions. The company receives maximum revenue in the form of premiums.
Executives
Luis E. Valdes officer: Executive Chairman, Latam 711 HIGH STREET, DES MOINES IA 50392-0300
Sandra L Helton director 711 HIGH STREET, DES MOINES IA 50392-0300
Wee Yee Cheong officer: EVP, Principal Asia 711 HIGH STREET, DES MOINES IA 50392
Roberto Walker officer: EVP, Principal Latin American 711 HIGH ST., DES MOINES IA 50392
Renee V. Schaaf officer: President - RIS 711 HIGH STREET, DES MOINES IA 50392
Natalie Lamarque officer: EVP, General Counsel, and Secr 711 HIGH STREET, DES MOINES IA 50392
H Elizabeth Mitchell director PLATINUM UNDERWRITERS REINSURANCE, INC., 2 WORLD FINANCIAL CENTER, SUITE 2300, NEW YORK NY 10281
Jonathan Auerbach director C/O PAYPAL HOLDINGS, INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Claudio Muruzabal director 711 HIGH STREET, DES MOINES IA 50392
Maliz E Beams director C/O PORT FINANCIAL CORP, 1380 SOLDIERS FIELD RD, BRIGHTON MA 02135
Alfredo Rivera director THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Scott Mills director 1515 BROADWAY, NEW YORK NY 10036
Clare Stack Richer director BAIN CAPITAL, LP, 200 CLARENDON STREET, BOSTON MA 02116
Diane C Nordin director 711 HIGH ST., DES MOINES IA 50392
Roger C Hochschild director 2500 LAKE COOK ROAD, RIVERWOODS IL 60015