Principal Financial Group Stock To Go Ex-dividend Tomorrow (PFG)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- The ex-dividend date for Principal Financial Group (NYSE: PFG) is tomorrow, March 7, 2013. Owners of shares as of market close today will be eligible for a dividend of 23 cents per share. At a price of $32.70 as of 10:26 a.m. ET, the dividend yield is 2.9%.

The average volume for Principal Financial Group has been 1.8 million shares per day over the past 30 days. Principal Financial Group has a market cap of $9.36 billion and is part of the financial sector and financial services industry. Shares are up 13.7% year to date as of the close of trading on Tuesday.

Principal Financial Group, Inc. provides retirement savings, investment, and insurance products and services. It operates in four segments: Retirement and Investor Services, Principal Global Investors, Principal International, and U.S. Insurance Solutions. The company has a P/E ratio of 12.4, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Principal Financial Group as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Principal Financial Group Ratings Report.

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