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.
Continue Reading for Free
Register and gain access to:
- 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
NOT FOR REPRINT
© 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.
