Principal Financial Group Inc (NYSE:PFG) Updates On Dividend Release Date


On 2016-07-29, Principal Financial Group Inc (NYSE:PFG) confirmed the dividend disbursement of $0.41 a share to shareholders as on record 2016-09-02. The firm will release dividend on 2016-09-30 while ex-dividend date is reported to be 2016-08-31.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Principal Financial Group Inc (NYSE:PFG) paid a total of $0.41 per share in dividends. This figure stood at $0.41 a share in the same period a year ago indicating a deviation of 17.1875%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $50.2 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $59 and $47, respectively.

Taking the mathematical rating formula, the price for Principal Financial Group Inc (NYSE:PFG) stands at 2.8. Earnings Review Principal Financial Group Inc (NYSE:PFG) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $1.11.

Coming to the quarter ending on 2015-12-31, Principal Financial Group Inc (NYSE:PFG) recorded EPS of $1.15. The reported numbers came lower than the analysts’ estimates of $1.06, demonstrating a miss of $0.09 as against reported figures.

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