PREF is Principal Funds's Principal Spectrum Preferred Securities Active ETF (Preferred Stock). Trading at $18.75. Current dividend yield: 5.28%.
Dividend snapshot
| Annual dividend rate | $1.00 |
| Current yield | 5.28% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 03, 2026(today) |
| Most recent payment date | Aug 05, 2026 |
| Last payment amount | $0.0878 |
| 5-year dividend CAGR | -19.75% |
| 3-year dividend CAGR | 5.44% |
| Expense ratio | 0.55% |
| Payout ratio | 0% |
| Market cap | $1.47B |
| Exchange | PCX |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-09-01 | $0.0864 |
| 2026-08-03 | $0.0878 |
| 2026-07-01 | $0.0843 |
| 2026-06-01 | $0.0843 |
| 2026-05-01 | $0.0843 |
| 2026-04-01 | $0.0840 |
| 2026-03-02 | $0.0833 |
| 2026-02-02 | $0.0810 |
About PREF
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities. Examples of preferred securities include preferred stock, certain depositary receipts, and various types of junior subordinated debt. In particular, the fund focuses on preferred securities known as “$1,000 par preferred securities,” which are issued in large, institutional lot sizes, typically by U.S. and non-U.S. financial services companies and other corporations.
Frequently asked
What is PREF's dividend yield?
PREF (Principal Spectrum Preferred Securities Active ETF) currently has a dividend yield of 5.28%, which works out to about $1.00 in annual dividend payments per share.
When is PREF's next ex-dividend date?
PREF's next ex-dividend date is Sep 03, 2026 (today). To receive the upcoming dividend, you must own shares before this date.
When did PREF last pay a dividend?
PREF's most recent dividend payment date was Aug 05, 2026.
How often does PREF pay dividends?
PREF pays dividends on a monthly schedule.
How fast is PREF growing its dividend?
PREF has been growing its dividend at a 5.44% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track PREF in DiviDrip
Add PREF to your portfolio on DiviDrip to track every buy, DRIP reinvestment, and dividend payment in one place. Free, no credit card, no upsell — built by dividend investors, for dividend investors.
- Open DiviDrip — search PREF and add your shares.
- View the PREF Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like PREF.
- DiviDrip Learn — free guides on DRIP, dividend tiers, ETF comparisons.
Data refreshed 2026-09-03. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.