DES MOINES, Iowa (AP) — Principal Financial Group Inc., a retirement fund management and insurance company, said that its board approved the increase of its quarterly cash dividend to 21 cents.
The Des Moines, Iowa-based company said late Tuesday the new dividend, which represents a 17 percent increase over the company's previous dividend, will be paid on Sept. 28 to shareholders of record as of Sept. 6.
Principal Financial shares rose 32 cents to $27.10 in morning trading.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
