Second Quarter 2017 Earnings Highlights

  • Record operating earnings of $384 million and record operating earnings per diluted share of $1.31
  • Record assets under management of $629 billion
  • Strong investment performance continues with more than 80% of investment options1 in the top two Morningstar quartiles on a three and five-year basis
  • Deployed $166 million of capital in second quarter 2017 through common stock dividends, share repurchases, and increased ownership in a PGI boutique
  • Announced a third quarter 2017 dividend of $0.47 per share, an 15% increase over third quarter 2016
1 Principal "I" shares (if no "I" share class then "A" share class, if no "A" then we will use the lowest share class available), PVC, ETF, Intl Small Cap Sep Account & Target Date CIT accounts. Excludes Money Market, Stable Value, LDI (Short, Intermediate and Extended) Duration, & US Property.