| Abstrakt: |
Principal Financial Group® (Nasdaq: PFG) announced results for full year and fourth quarter 2023. Non-GAAP net income attributable to PFG excluding exited business1 for the 12 months ending Dec. 31, 2023, of $1,514.9 million, compared to $1,453.2 million for the 12 months ending Dec. 31, 2022. Non-GAAP net income excluding exited business per diluted share of $6.19 for the 12 months ending Dec. 31, 2023, compared to $5.69 for the 12 months ending Dec. 31, 2022. Non-GAAP net income attributable to PFG excluding exited business for fourth quarter 2023 of $299.1 million, or $1.19 per diluted share, compared to $510.9 million, or $2.05 per diluted share, in the prior year quarter. Non-GAAP operating earnings for the 12 months ending Dec. 31, 2023, of $1,602.8 million, compared to $1,618.8 million for the 12 months ending Dec. 31, 2022. Non-GAAP operating earnings per diluted share of $6.55 for the 12 months ending Dec. 31, 2023 compared to $6.34 per diluted share for the 12 months ending Dec. 31, 2022. Non-GAAP operating earnings for fourth quarter 2023 of $440.5 million, or $1.83 per diluted share, compared to $394.3 million, or $1.58 per diluted share, in the prior year quarter. Raised common stock dividend to $0.69 per share for first quarter 2024, which was authorized by the company’s Board of Directors, bringing the trailing twelve-month dividend to $2.65 per share, a 4% increase compared to the prior year trailing twelve-month period. The dividend will be payable on March 28, 2024, to shareholders of record as of March 12, 2024. [ABSTRACT FROM PUBLISHER] |
