Trailing Dividend / Share
$3.03
Principal Financial Group, Inc. (PFG) Dividend History
Income profile from 2002 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.0%
Payout Ratio
57.7%
Sustainable
Dividend Streak
17 years
PFG Dividend Income Check
Safety
57.7% payout ratio with sustainable safety profile.
Consistency
17 straight years of dividend increases.
Income Trend
Yield on cost is 6.4% and trend is rising.
PFG Dividend Scorecard
Yield & Income
Dividend Yield3.0%
Trailing DPS$3.03
FrequencySemi-Annual
Payments / 12M5
Payout Safety
Earnings Payout57.7%
Earnings SafetySustainable
FCF Payout14.8%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak17 years
3Y CAGR6.4%
5Y CAGR6.6%
Yield on Cost (5Y)6.4%
YOC Trendrising
Total Returns
Buyback Yield4.1%
Total Shareholder Yield7.1%
1Y Total Return37.1%
5Y Total Return73.2%
Div Contribution (5Y)20.7%
Estimated $10K growth (return + dividends):
5Y ago$17,32310Y ago$29,73920Y ago$25,196
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
PFG Income Growth Story
Dividend per share and yield on cost over time (25 years of payments)
PFG Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Principal Financial Group, Inc. distributes 57.7% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 14.8%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
PFG has raised its dividend for 17 consecutive years, with a 3-year CAGR of 6.4% and 5-year CAGR of 6.6%.
Total Shareholder Returns
Beyond cash dividends, PFG returns capital through share repurchases. The combined picture: 3.0% dividend yield, 4.1% buyback yield, 7.1% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 6.4% and is currently rising. The 5-year total return is 73.2%, with dividends contributing 20.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $29,739 today.
PFG Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$13.98
Avg/Payment$0.6990
Latest Change+2.5%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 1, 2026Latest | $0.8200 | ↑ +2.5% | 3.14% | Jun 26, 2026 |
| Mar 11, 2026 | $0.8000 | ↑ +1.3% | 3.55% | Mar 27, 2026 |
| Dec 3, 2025 | $0.7900 | ↑ +1.3% | 3.58% | Dec 19, 2025 |
| Sep 4, 2025 | $0.7800 | ↑ +2.6% | 3.71% | Sep 26, 2025 |
| Jun 2, 2025 | $0.7600 | ↑ +1.3% | 3.85% | Jun 27, 2025 |
| Mar 12, 2025 | $0.7500 | ↑ +2.7% | 3.55% | Mar 28, 2025 |
| Dec 2, 2024 | $0.7300 | ↑ +1.4% | 3.34% | Dec 18, 2024 |
| Sep 5, 2024 | $0.7200 | ↑ +1.4% | 3.50% | Sep 27, 2024 |
PFG Dividend vs Peers
Comparable companies in the same industry
#5 yield in peer group
Div Yield
3.0%
#5 of 9
Safety
Sustainable
57.7% payout
Streak
17Y
6.6% 5Y CAGR
Total Shareholder
7.1%
#6 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| PFGPrincipal Financial … | $22.0B | 3.0% | 57.7% | 17 | Sustainable |
 METMetLife, Inc. | $52.3B | 2.8% | 44.7% | 13 | Sustainable |
1st  PRUPrudential Financial… | $34.9B | 5.5% | 53.9% | 8 | Sustainable |
2nd  LNCLincoln National Cor… | $6.4B | 4.7% | 9.4% | 0 | Sustainable |
 UNMUnum Group | $13.0B | 2.2% | 41.5% | 20 | Sustainable |
 VOYAVoya Financial, Inc. | $7.5B | 2.3% | 27.2% | 7 | Sustainable |
 EQHEquitable Holdings, … | $12.3B | 2.4% | — | 8 | Unknown |
3rd  BENFranklin Resources, … | $16.2B | 4.3% | 1.3% | 6 | Sustainable |
 IVZInvesco Ltd. | $12.2B | 3.0% | — | 4 | Unknown |
PFG Annual Dividend History (2000–2026)
27 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.62 | — | 2 | — | — | — | 3.4% |
| 2025 | $3.08 | 8.1% | 4 | $5.25 | 58.7% | 1.70x | 6.4% |
| 2024 | $2.85 | 9.6% | 4 | $6.68 | 42.7% | 2.34x | 5.9% |
| 2023 | $2.60 | 1.6% | 4 | $2.55 | 102.0% | 0.98x | 5.4% |
| 2022 | $2.56 | 4.9% | 4 | $18.63 | 13.7% | 7.28x | 5.3% |
| 2021 | $2.44 | 8.9% | 4 | $5.79 | 42.1% | 2.37x | 5.1% |
| 2020 | $2.24 | 2.8% | 4 | $5.05 | 44.4% | 2.25x | 4.6% |
| 2019 | $2.18 | 3.8% | 4 | $4.96 | 44.0% | 2.28x | 4.5% |
| 2018 | $2.10 | 12.3% | 4 | $5.35 | 39.3% | 2.55x | 4.3% |
| 2017 | $1.87 | 16.1% | 4 | $7.88 | 23.7% | 4.21x | 3.9% |
Full PFG Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See PFG's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonPFG — Frequently Asked Questions
Quick answers to the most common questions about buying PFG stock.
How much dividend does PFG pay per share?
Principal Financial Group, Inc. (PFG) pays a trailing 12-month dividend of $3.03 per share, with a current dividend yield of +3.0%. Payments are made Semi-Annual.
When is PFG's next ex-dividend date?
PFG's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. PFG typically pays dividends Semi-Annual.
Is PFG's dividend safe?
PFG's dividend safety is rated "Sustainable" based on an earnings payout ratio of +57.7% and FCF payout ratio of +14.8%. With 17 consecutive years of dividend growth, the track record supports sustainability.
Is PFG a Dividend Achiever?
Yes, Principal Financial Group, Inc. is classified as a Dividend Achiever with 17 consecutive years of dividend increases. The 5-year dividend CAGR is +6.6%, demonstrating above-inflation dividend growth.
How often does PFG pay dividends?
Principal Financial Group, Inc. pays dividends Semi-Annual. The trailing 12-month total is $3.03 per share. Dividend data on this page covers 24+ years from 2002 to 2026.
How much would $10,000 invested in PFG grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in PFG five years ago would be worth approximately $17,323 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is PFG's yield on cost for long-term holders?
PFG's yield on cost — the current dividend divided by the original purchase price — is +6.4% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.0% market yield, thanks to consistent dividend growth.