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.
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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