Principal Financial Dividend yield

Principal Financial is part of Life Insurance business, which is part of Financials industry. Principal Financial is a company from USA, and his stocks are publicly traded.

Principal Financial stock dividend

Principal Financial paid a total dividend of 622 million USD last year, for a market value of 18,884 millions (Market Cap 18,750 millions). Principal Financial dividend per share is 2.56 USD, and his stock market price 77.71 USD.

According to the chart below, where dividend yield is displayed, Principal Financial has a dividend yield of 3.29%, which is similar to the amount offered by both the market average and companies from USA. However, it is lower than the average of Financials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Principal Financial stocks dividend with other Life Insurance companies or other of the high USA dividend stocks list.

Principal Financial Dividend Payout

About the ability of Principal Financial to maintain his current dividend of USD 2.56 per share, an amount that accounts for 3.29%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Principal Financial payout on ernings is currently 12.84%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Principal Financialcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Principal Financial is USD 12.95 per share, which is higher than the dividend per share paid by the company of USD 2.56, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Principal Financial, compared againt world market average, USA companies, Financials industry and Life Insurance sector companies.

Principal Financial Dividend History

Below you will find a table with the historical evolution of Principal Financial's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	3.29%	2.56	12.84%	243
2022	3.05%	2.56	35.07%	245
2021	3.54%	2.56	46.04%	265
2020	4.52%	2.24	42.03%	274
2019	4.00%	2.20	38.39%	279
2018	5.86%	2.59	41.64%	283
2017	2.78%	1.96	41.35%	288
2016	2.84%	1.64	37.79%	288
2015	2.95%	1.52	39.28%	295

*In millions

Then you can see the evolution of Principal Financial dividend stock, and compare it with the average of USA stocks and that of the Life Insurance stocks.

Principal Financial Stock performance

Finally, last moth Principal Financial showed a return of -2.70% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 3.90% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Life Insurance firms.