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NEW YORK ( TheStreet) -- The ex-dividend date for Principal Financial Group (NYSE: PFG) is tomorrow, May 31, 2012. Owners of shares as of market close today will be eligible for a dividend of 18 cents per share. At a price of $24.77 as of 9:30 a.m. ET, the dividend yield is 2.9%. The average volume for Principal Financial Group has been 2.2 million shares per day over the past 30 days. Principal Financial Group has a market cap of $7.34 billion and is part of the financial sector and financial services industry. Shares are up 2.1% year to date as of the close of trading on Tuesday. Principal Financial Group, Inc. provides retirement savings, investment, and insurance products and services. The company has a P/E ratio of 10.9, below the average financial services industry P/E ratio of 11.1 and below the S&P 500 P/E ratio of 17.7.