Principal Financial Group on Monday reported second-quarter net income of $398.3 million, or $1.45 per share, compared with $386.3 million and $1.37 per share for second quarter 2019. The Des Moines-based financial services company’s quarterly earnings beat the Zacks Consensus Estimate of $1.31 per share. Principal’s board of directors also authorized a third-quarter dividend of 56 cents per share, which increased the trailing 12-month dividend by 3% to $2.23 per share. Among highlights for the quarter that ended June 30, Principal’s Retirement and Income Solutions fee sales were $2.8 billion and net cash flow was $0.7 billion, with account values up 6% compared with a year ago. “Swift and proactive management decisions early on in response to COVID-19 have put our employees and our business in a favorable position to continue serving our customers and delivering results despite ongoing disruption caused by the pandemic,” said Dan Houston, chairman, president, and CEO of Principal. “I’m confident we have the right team, strategy, and financial foundation in place to continue navigating the challenges and opportunities ahead – meeting the needs of our 32 million customers around the world.”