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


As per Principal Financial Group Inc (NYSE:PFG) statement on 2016-07-29, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.41 per share as dividend to stakeholders. The record date is set as 2016-09-02, the payout date as 2016-09-30 and the ex-dividend date is 2016-08-31.

Last fiscal Principal Financial Group Inc (NYSE:PFG) disbursed cash dividend of $0.41. A year ago, the payout was $0.41, which indicates a difference of 17.1875%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.41, implying 22.221% growth.

For the period ended on 2015-12-31, Principal Financial Group Inc (NYSE:PFG)’s earnings came at $1.15 per share compared to EPS of $1.06 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-27. For this quarter, the analysts have earnings estimate of $1.11 per share.

The interim price target for Principal Financial Group Inc (NYSE:PFG) is set at $49.8. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Principal Financial Group Inc (NYSE:PFG) is seen at $59 and the lowest level is established at $47. This broad range highlights a standard deviation of $5.167 in reported estimates.

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