Principal Financial Group, Inc. announced that its board of directors declared a cash dividend of $1.39075 per share on its 5.563 percent Series A non-cumulative perpetual preferred stock and a cash dividend of $0.407375 per share on its 6.518 percent Series B non-cumulative perpetual preferred stock.
According to a release, the preferred dividends are payable on April 1, to preferred stockholders of record as of March 13.
The Principal Financial Group is a global investment management provider offering retirement services, insurance solutions and asset management. The Principal offers businesses, individuals and institutional clients a range of financial products and services, including retirement, asset management and insurance through its diverse family of financial services companies.
((Comments on this story may be sent to email@example.com))