---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-052069"
form_type: "8-K"
ticker: "PFG"
cik: "0001126328"
company_name: "PRINCIPAL FINANCIAL GROUP INC"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:28:48.482670+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Principal Financial Q1 net income $533M; raises dividend to $0.71

## Summary
- Q1 net income $533M ($2.22 EPS); non-GAAP operating earnings $394M ($1.65 EPS).
- Returned $362M to shareholders: $200M buybacks, $162M dividends in Q1.
- Q2 dividend raised to $0.71/share (up 2¢); payable June 27, record June 3.
- AUM $709B, AUA $1.6T; excess capital $1.4B.
- CEO cited strong sales and reaffirmed 2024 outlook.

## SEC filing metadata
- accession: 0001104659-24-052069
- form_type: 8-K
- ticker: PFG
- cik: 0001126328
- company_name: PRINCIPAL FINANCIAL GROUP INC
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1126328/000110465924052069/0001104659-24-052069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1126328/000110465924052069/tm2412710d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-052069
- JSON: https://secwatch.observer/filing/0001104659-24-052069.json
- Plain text: https://secwatch.observer/filing/0001104659-24-052069.txt

## Key facts
- Earnings Releases
  PRINCIPAL FINANCIAL GROUP INC reported first quarter 2024 results: net income $533 million, or $2.22 per diluted share. Guidance raised.
  - Period: first quarter 2024
  - Net income: $533 million, or $2.22 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Net income attributable to Principal Financial Group (PFG) of $533 million, or $2.22 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1126328/000110465924052069/0001104659-24-052069-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.