PFG (Principal Financial Group) Dividend Payout Ratio : 0.40 (As of Sep. 2024)

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What is Principal Financial Group Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Principal Financial Group's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.40.

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 1.90, which seems too high.

The historical rank and industry rank for Principal Financial Group's Dividend Payout Ratio or its related term are showing as below:

PFG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.38 Max: 1.9
Current: 1.9

During the past 13 years, the highest Dividend Payout Ratio of Principal Financial Group was 1.90. The lowest was 0.14. And the median was 0.38.

PFG's Dividend Payout Ratio is ranked worse than
90.07% of 1017 companies
in the Asset Management industry
Industry Median: 0.68 vs PFG: 1.90

As of today (2024-12-11), the Dividend Yield % of Principal Financial Group is 3.53%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Principal Financial Group was 8.49%. The lowest was 2.26%. And the median was 3.41%.

Principal Financial Group's Dividends per Share for the months ended in Sep. 2024 was $0.72.

During the past 12 months, Principal Financial Group's average Dividends Per Share Growth Rate was 8.60% 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.

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.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Principal Financial Group Dividend Payout Ratio Historical Data

The historical data trend for Principal Financial Group's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Principal Financial Group Dividend Payout Ratio Chart

Principal Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.44

0.42

0.14

0.40

Principal Financial Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.38	-	0.42	0.44	0.40

Competitive Comparison of Principal Financial Group's Dividend Payout Ratio

For the Asset Management subindustry, Principal Financial Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Principal Financial Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Principal Financial Group's Dividend Payout Ratio falls into.

Principal Financial Group Dividend Payout Ratio Calculation

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

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	2.6	/	6.55
	=	0.40

Principal Financial Group's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.72	/	1.78
	=	0.40

Principal Financial Group (NAS:PFG) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Principal Financial Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Principal Financial Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Principal Financial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Principal Financial Group Inc (NAS:PFG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

0KO5:UK PG4:Germany

Address

711 High Street, Des Moines, IA, USA, 50392

Website

https://www.principal.com

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 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