Is Principal Financial Group (PFG) Undervalued After Its Dividend Update?

Principal Financial Group (PFG) came back into focus after fresh dividend data showed a 3.08% yield, 9.1% annual dividend growth and a 37% payout ratio, alongside consensus expectations for 14.87% earnings per share growth next year. Recent trading suggests that sentiment around Principal Financial Group is cooling in the short term, even as longer term holders remain ahead. The share price is down 6.15% over the past month and 4.51% over 90 days, yet year to date it is still up 21.68%. The 1...