Principal Financial Group Inc (NYSE:PFG) Plans $0.55 Dividend

Principal Financial Group Inc (NYSE:PFG) declared a dividend on Wednesday, October 23rd, Fidelity reports. Stockholders of record on Tuesday, December 3rd will be paid a dividend of 0.55 per share by the financial services provider on Friday, December 27th. The ex-dividend date of this dividend is Monday, December 2nd.

Shares of NYSE PFG opened at $55.10 on Friday. The firm’s 50-day moving average price is $55.16 and its 200-day moving average price is $55.67. Principal Financial Group has a 1-year low of $40.42 and a 1-year high of $60.81.

Principal Financial Group (NYSE:PFG) last posted its earnings results on Thursday, October 24th. The financial services provider reported $1.23 EPS for the quarter, missing the consensus estimate of $1.46 by ($0.23). During the same period in the prior year, the company earned $1.67 EPS.

PFG has been the subject of several recent research reports. Morgan Stanley set a $56.00 target price on shares of Principal Financial Group and gave the stock a “hold” rating in a research report on Friday, October 25th. UBS Group decreased their target price on shares of Principal Financial Group from $49.00 to $48.00 and set a “sell” rating for the company in a research report on Thursday, October 10th. Finally, Barclays set a $66.00 target price on shares of Principal Financial Group and gave the stock a “buy” rating in a research report on Monday, August 12th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $56.17.

In other news, EVP Julia M. Lawler sold 1,000 shares of the business’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $53.94, for a total transaction of $53,940.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last three months, insiders have sold 3,000 shares of company stock valued at $164,450. 1.50% of the stock is currently owned by insiders.

Principal Financial Group Company Profile

Principal Financial Group, Inc provides retirement, asset management, and insurance products and services to businesses, individuals, and institutional clients worldwide. The company operates through Retirement and Income Solutions, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments.

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Dividend History for Principal Financial Group (NYSE:PFG)

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