Principal Financial Raises Quarterly Dividend to $0.82

Principal Financial Group, Inc. (PFG) increased its quarterly dividend to $0.82 per share from $0.80, a 2.5% rise, with the shares trading ex-dividend on June 1, 2026.

The new payout equates to an annualized dividend of $3.28 per share and a forward annual yield of 3.08%, based on a share price of $106.66. The increase extends Principal Financial’s consecutive dividend-growth record to 13 years.

Company context

Principal Financial is a financial services company focused on retirement, benefits, insurance and investment products. The company describes its business as connecting individuals, employers and investors with retirement, benefits and investment insights, and its public website highlights workplace retirement plans, annuities, individual retirement accounts, employee benefits and asset management services.

That mix gives the company a broad financial-services base, spanning retirement savings, protection products and investment management. For dividend investors, the relevance is that Principal’s payout is tied to a business exposed to long-term demand for retirement planning and benefits administration, while also remaining sensitive to markets, interest rates and insurance-sector capital requirements.

Principal’s current dividend profile is supported by a dividend safety score of 89 out of 100, corresponding to an A safety grade, according to the locked dividend data for this event. The company has no listed prior cut year in the same data set.

What it means for income investors

The increase is modest in percentage terms, but it raises the recurring quarterly cash payment and keeps Principal’s dividend-growth streak intact. At the new quarterly rate, shareholders receive $3.28 per share on an annualized basis, assuming the dividend is maintained at the current level.

For income-focused investors, the key takeaway is continuity rather than a major reset in payout policy. The company is adding to a multi-year record of dividend growth while maintaining a yield above 3% on the stated share price. As with any financial-services dividend, future payments will depend on earnings, capital needs, market conditions and board approval.