Principal Financial Group, Inc.
PFGFinancial Services · Stock · quarterly payer
Forward Yield
3.08%
Annual Dividend
$3.28
Payout Ratio
45%
5-Yr Growth
6.6%
Ex-Date
Jun 1, 2026
Frequency
Quarterly
Is PFG a good dividend stock?
YesPrincipal Financial Group, Inc. (PFG) pays a quarterly dividend yielding 3.08% ($3.28/yr), with 13 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 13 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (45%)
- Strong 6.6% 5-yr dividend growth
- 67% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 3.08%
- Payout Ratio
- 45%
- Annual Dividend
- $3.28
- 5-Yr Avg Growth
- 6.6%
- Ex-Dividend Date
- Jun 1, 2026
- Years of Growth
- 13
- Frequency
- quarterly
- Beta
- 0.90
- Market Cap
- $23.0B
- P/E Ratio
- 15.3
- 5-Yr Total Return
- 67%
- 52-Week Range
- $75.00 – $105.56
- Dividend Safety
- A · 89/100
- Ever Cut?
- No
Frequently Asked Questions
PFG Price — Last 12 Months
Daily close
Price Return
1 Year
+32%
3 Years
+39%
5 Years
+67%
52-Week Range
$75.00 – $105.56
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is PFG worth?
Fairly valuedmedium confidenceOur blended fair-value estimate for Principal Financial Group, Inc. is $119.68 per share, versus a market price of $106.66. That implies the stock is roughly fairly priced.
Fair Value
$119.68
Current Price
$106.66
Gap
+12%
Margin of Safety
11%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 9.6% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.8% discount rate (CAPM), 9.6% stage-1 growth, 2.5% terminal growth, $6.96 EPS, $3.28 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
PFG Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 1, 2026 | — | $0.8200 | regular |
| Mar 11, 2026 | — | $0.8000 | regular |
| Dec 3, 2025 | — | $0.7900 | regular |
| Sep 4, 2025 | — | $0.7800 | regular |
| Jun 2, 2025 | — | $0.7600 | regular |
| Mar 12, 2025 | — | $0.7500 | regular |
| Dec 2, 2024 | — | $0.7300 | regular |
| Sep 5, 2024 | — | $0.7200 | regular |
| Jun 3, 2024 | — | $0.7100 | regular |
| Mar 11, 2024 | — | $0.6900 | regular |
| Nov 30, 2023 | — | $0.6700 | regular |
| Sep 6, 2023 | — | $0.6500 | regular |
| May 31, 2023 | — | $0.6400 | regular |
| Mar 14, 2023 | — | $0.6400 | regular |
Income Calculator
At $3.28 / yr per share
