Principal Financial is a major U.S. financial services company with almost $600 billion in assets under management (all figures in U.S. dollars). Its wealth management services include trusts, insurance, and mutual funds plus a range of services for employers, including group benefit plans, retirement plans, and business planning and protection solutions. The company has international offices and subsidiaries in Asia, Europe, and Latin America.
Income Investor
The company has a history of increasing its dividend at least annually and sometimes more frequently. However, there has been no hike so far in 2022. Principal has spent $240 million on share repurchases so far this year - Gordon Pape
Sorry!
Only current subscribers of The Income Investor may view the details of this recommendation.