Principal Financial Group, Inc. announced that a quarterly common stock dividend of $0.45 per share for first quarter 2017 was authorized by the company’s Board of Directors, bringing the trailing twelve month dividend to $1.68 per share, an 11% increase compared to the prior year trailing twelve month period. The dividend will be payable on Mar. 31, 2017, to shareholders of record as of Mar. 6, 2017.