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Principal Financial Group (PFG) Dividend History & Yield

Dividend Contender

Principal Financial Group (PFG) has increased its dividend for 18 consecutive years and currently yields 3.04%. The most recent dividend was $0.8000/share on Mar 27, 2026, paid Quarterly.

Current Yield

3.04%

TTM Dividend/Share

$3.13

Payment Frequency

Quarterly

Payout Ratio

44.8%

Consecutive Growth Years

18 (Dividend Contender)

Div Growth (1Y CAGR)

8.07%

Div Growth (5Y CAGR)

6.58%

Div Growth (10Y CAGR)

7.46%

Near average — fair value
Yield vs historical averages (same scale)
Now3.04%
1Y · 3.44%
3Y · 3.52%
5Y · 3.39%

PFG: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.

Dividend health

Chowder score

9.6%

FCF payout ratio

4.8%

Net debt / EBITDA

-0.1x

Interest coverage

0.00x

ROIC (TTM)

9.9%

Dividend Safety Score

8 out of 8 checks passed

Payout ratio below 75%

Payout ratio is 44.8%, well below the 75% threshold.

Free cash flow covers dividend

FCF/share ($19.67) covers dividend/share ($3.13).

No dividend cuts in 10+ years

No dividend cuts in the last 10 years.

Positive earnings growth trend

Earnings per share have grown over the past 5 years.

10+ years of consecutive growth

18 consecutive years of dividend growth.

FCF payout ratio below 70%

FCF payout ratio is 4.8%, below the 70% threshold.

Net Debt/EBITDA below 3x

Net Debt/EBITDA is -0.1x.

Dividend growth ≤ earnings growth (5Y)

Dividend growth (6.6%) ≤ EPS growth (7.7%) — sustainable.

Per-payment dividend history

  • Ex-date Jun 1, 2026

    Payment date
    Jun 26, 2026
    Dividend
    $0.8200
    Adj. dividend
    $0.8200
  • Ex-date Mar 11, 2026

    Payment date
    Mar 27, 2026
    Dividend
    $0.8000
    Adj. dividend
    $0.8000
  • Ex-date Dec 3, 2025

    Payment date
    Dec 19, 2025
    Dividend
    $0.7900
    Adj. dividend
    $0.7900
  • Ex-date Sep 4, 2025

    Payment date
    Sep 26, 2025
    Dividend
    $0.7800
    Adj. dividend
    $0.7800
  • Ex-date Jun 2, 2025

    Payment date
    Jun 27, 2025
    Dividend
    $0.7600
    Adj. dividend
    $0.7600
  • Ex-date Mar 12, 2025

    Payment date
    Mar 28, 2025
    Dividend
    $0.7500
    Adj. dividend
    $0.7500
  • Ex-date Dec 2, 2024

    Payment date
    Dec 18, 2024
    Dividend
    $0.7300
    Adj. dividend
    $0.7300
  • Ex-date Sep 5, 2024

    Payment date
    Sep 27, 2024
    Dividend
    $0.7200
    Adj. dividend
    $0.7200
  • Ex-date Jun 3, 2024

    Payment date
    Jun 27, 2024
    Dividend
    $0.7100
    Adj. dividend
    $0.7100
  • Ex-date Mar 11, 2024

    Payment date
    Mar 28, 2024
    Dividend
    $0.6900
    Adj. dividend
    $0.6900
  • Ex-date Nov 30, 2023

    Payment date
    Dec 20, 2023
    Dividend
    $0.6700
    Adj. dividend
    $0.6700
  • Ex-date Sep 6, 2023

    Payment date
    Sep 29, 2023
    Dividend
    $0.6500
    Adj. dividend
    $0.6500

Historical Dividend Yield

Mean trailing dividend yield using one ratio snapshot per calendar year in each lookback window (same basis as the yearly bars)—not CAGR.Mean yield1Y: 3.44%5Y: 3.39%10Y: 3.55%

Dividend Growth

CAGR (per year)1Y: 8.07%5Y: 6.58%10Y: 7.46%→ Stable

Dividend Increase Track Record

Principal Financial Group has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 18 consecutive years — the same figure as the "Consecutive Growth Years" card above.

YearPrevious DPSNew DPSChange
2026$3.0800
2025$2.8500$3.0800+8.1%
2024$2.6000$2.8500+9.6%
2023$2.5600$2.6000+1.6%
2022$2.4400$2.5600+4.9%
2021$2.2400$2.4400+8.9%
2020$2.1800$2.2400+2.8%
2019$2.1000$2.1800+3.8%
2018$1.8700$2.1000+12.3%
2017$1.6100$1.8700+16.1%
2016$1.5000$1.6100+7.3%
2015$1.2800$1.5000+17.2%
2014$0.9800$1.2800+30.6%
2013$0.7800$0.9800+25.6%
2012$0.7800

DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.

Cash dividends paid (USD) — TTM and history

Trailing-twelve-month and annual common dividends paid for Principal Financial Group (PFG) from the consolidated cash flow statement, in USD as filed.

Latest period

$688.50M

YoY change

+3.9%

5Y CAGR

+2.2%

Peak year (2001)

$1.18B

Latest annual

$684.00M

Cash dividends paid over time for Principal Financial Group (PFG)

Per-period cash dividends paid

Cash dividends paid annual + quarterly history for Principal Financial Group (PFG)

Fiscal yearPeriod endedReportedDividends PaidYoYYoY change
2025$684.00M+3.9%+$25.60M
2024$658.40M+5.3%+$32.90M
2023$625.50M-2.6%-$16.80M
2022$642.30M-1.8%-$11.80M
2021$654.10M+6.4%+$39.60M
2020$614.50M+1.4%+$8.50M
2019$606.00M+1.2%+$7.40M
2018$598.60M+10.9%+$58.60M
2017$540.00M+16.2%+$75.10M
2016$464.90M+5.4%+$23.90M
2015$441.00M+17.1%+$64.40M
2014$376.60M+30.6%+$88.20M
2013$288.40M+24.7%+$57.10M
2012$231.30M+8.2%+$17.60M
2011$213.70M+21.3%+$37.50M
2010$176.20M+10.5%+$16.70M
2009$159.50M+36.7%+$42.80M
2008$116.70M-50.5%-$118.90M
2007$235.60M+9.7%+$20.90M
2006$214.70M+17.8%+$32.50M
2005$182.20M+9.4%+$15.70M
2004$166.50M+14.6%+$21.20M
2003$145.30M+73.4%+$61.50M
2002$83.80M-92.9%-$1.09B
2001$1.18B+$1.18B
2000$0

As of the 2025 fiscal year, Principal Financial Group (PFG) reported dividends paid of $684.00M – edged up 3.9% year-over-year.

Over 2020–2025 (5 years), Principal Financial Group dividends paid expanded at a +2.2% compound annual rate, sustaining 2 straight years of year-over-year growth.

Principal Financial Group dividends paid plunged from $1.18B in 2001 to $684.00M in 2025, a 41.9% drawdown.

The highest annual dividends paid of $1.18B was reported in 2001. The lowest in the available history was $0 in 2000.

Principal Financial Group (PFG) sits 8th of 8 Financial Services peers we track on this metric, against a peer median of $5.36B.

Principal Financial Group Dividends Paid 2025: $684.00M

Principal Financial Group dividends paid in 2025 was $684.00M, edged up 3.9% from 2024.

Principal Financial Group Dividends Paid 2024: $658.40M

Principal Financial Group dividends paid in 2024 was $658.40M, grew 5.3% from 2023.

Principal Financial Group Dividends Paid 2023: $625.50M

Principal Financial Group dividends paid in 2023 was $625.50M, edged down 2.6% below 2022.

Principal Financial Group Dividends Paid 2022: $642.30M

Principal Financial Group dividends paid in 2022 was $642.30M, edged down 1.8% below 2021.

Principal Financial Group Dividends Paid 2021: $654.10M

Principal Financial Group dividends paid in 2021 was $654.10M.

See more financial history for Principal Financial Group (PFG).

Sector peers by dividends paid

Companies in the same sector as Principal Financial Group, ranked by their latest dividends paid.

CompanyDividends PaidSector
JPMorgan Chase (JPM)$16.63BFinancial Services
Bank of America (BAC)$9.56BFinancial Services
Morgan Stanley (MS)$6.59BFinancial Services
Wells Fargo (WFC)$5.43BFinancial Services
Goldman Sachs (GS)$5.28BFinancial Services
Visa (V)$4.63BFinancial Services
Mastercard (MA)$2.76BFinancial Services
Berkshire Hathaway (BRK-B)$0Financial Services

Frequently asked questions

Does Principal Financial Group pay dividends?

Yes, Principal Financial Group (PFG) pays quarterly dividends of approximately $3.13 per share annually, yielding 3.04%.

What is Principal Financial Group's dividend yield?

Principal Financial Group (PFG) has a current dividend yield of 3.04%.

Is Principal Financial Group's dividend safe?

Principal Financial Group (PFG) passes 8 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.

How many consecutive years has Principal Financial Group increased its dividend?

Principal Financial Group (PFG) has 18 consecutive years of dividend increases.

What is Principal Financial Group's dividend payout ratio?

Principal Financial Group (PFG) has a dividend payout ratio of 44.8%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).

What is Principal Financial Group's dividends paid?

Latest reported dividends paid for Principal Financial Group (PFG) is $688.50M (period ending March 31, 2026).

How has Principal Financial Group dividends paid changed year-over-year?

Principal Financial Group (PFG) dividends paid changed +3.9% year-over-year on the latest annual filing.

What is the long-term growth rate of Principal Financial Group dividends paid?

Principal Financial Group (PFG) dividends paid compound annual growth rate is +2.2% over the most recent 5 years available.

When did Principal Financial Group dividends paid hit its highest annual value?

Principal Financial Group dividends paid reached its highest annual value of $1.18B in 2001.

What was Principal Financial Group dividends paid in 2024?

Principal Financial Group (PFG) dividends paid in 2024 was $658.40M.

What was Principal Financial Group dividends paid in 2025?

Principal Financial Group (PFG) dividends paid in 2025 was $684.00M.