Aflac's latest quarterly dividend was on Feb 20, 2024 (ex-date) with a payout of $0.5 per share. At an annualized rate of $1.76 per share, the stock yields 2.11%. The latest dividend has an increase of $0.08, or 19% from the prior distribution.
AFL has a dividend yield of 2.11% which is higher than its peers average but lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 3.44%, Aflac's dividend yield is 39% lower. Historically AFL's dividend yield has averaged at 2.4% in the last 5 years, which is more than the current one.
Aflac has been paying dividends since 1994. AFL has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 9% since twelve months ago. However with the price of the stock up by 24% from a year ago, the dividend yield has a decrease of 13%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 20, 2024 | Mar 1, 2024 | Nov 1, 2023 | $0.5 | normal |
| Nov 14, 2023 | Dec 1, 2023 | Nov 1, 2023 | $0.42 | normal |
| Aug 22, 2023 | Sep 1, 2023 | Jul 31, 2023 | $0.42 | normal |
| May 16, 2023 | Jun 1, 2023 | Apr 26, 2023 | $0.42 | normal |
| Feb 14, 2023 | Mar 1, 2023 | Nov 8, 2022 | $0.42 | normal |
| Nov 15, 2022 | Dec 1, 2022 | Oct 31, 2022 | $0.4 | normal |
| Aug 23, 2022 | Sep 1, 2022 | Aug 1, 2022 | $0.4 | normal |
| May 17, 2022 | Jun 1, 2022 | Apr 27, 2022 | $0.4 | normal |
| Feb 15, 2022 | Mar 1, 2022 | Nov 15, 2021 | $0.4 | normal |
| Nov 16, 2021 | Dec 1, 2021 | Oct 27, 2021 | $0.33 | normal |
| Aug 17, 2021 | Sep 1, 2021 | Jul 28, 2021 | $0.33 | normal |
| May 18, 2021 | Jun 1, 2021 | Apr 28, 2021 | $0.33 | normal |
| Feb 16, 2021 | Mar 1, 2021 | Nov 18, 2020 | $0.33 | normal |
| Nov 17, 2020 | Dec 1, 2020 | Oct 27, 2020 | $0.28 | normal |
| Aug 18, 2020 | Sep 1, 2020 | Jul 28, 2020 | $0.28 | normal |
| May 19, 2020 | Jun 1, 2020 | Apr 29, 2020 | $0.28 | normal |
| Feb 18, 2020 | Mar 2, 2020 | Feb 4, 2020 | $0.28 | normal |
| Nov 19, 2019 | Dec 2, 2019 | Oct 24, 2019 | $0.27 | normal |
| Aug 20, 2019 | Sep 3, 2019 | Jul 25, 2019 | $0.27 | normal |
| May 21, 2019 | Jun 3, 2019 | Apr 25, 2019 | $0.27 | normal |
| Feb 19, 2019 | Mar 1, 2019 | Jan 31, 2019 | $0.27 | normal |
| Nov 20, 2018 | Dec 3, 2018 | Oct 24, 2018 | $0.26 | normal |
| Aug 21, 2018 | Sep 1, 2018 | Jul 26, 2018 | $0.26 | normal |
| May 22, 2018 | Jun 1, 2018 | Apr 25, 2018 | $0.26 | normal |
| Feb 20, 2018 | Mar 1, 2018 | Jan 31, 2018 | $0.26 | normal |
| Nov 14, 2017 | Dec 1, 2017 | Oct 25, 2017 | $0.225 | normal |
| Aug 21, 2017 | Sep 1, 2017 | Jul 27, 2017 | $0.215 | normal |
| May 22, 2017 | Jun 1, 2017 | Apr 27, 2017 | $0.215 | normal |
| Feb 13, 2017 | Mar 1, 2017 | Jan 31, 2017 | $0.215 | normal |
| Nov 14, 2016 | Dec 1, 2016 | Oct 27, 2016 | $0.215 | normal |
| Aug 22, 2016 | Sep 1, 2016 | Jul 28, 2016 | $0.205 | normal |
| May 16, 2016 | Jun 1, 2016 | Apr 26, 2016 | $0.205 | normal |
| Feb 11, 2016 | Mar 1, 2016 | Feb 1, 2016 | $0.205 | normal |
| Nov 16, 2015 | Dec 1, 2015 | Oct 27, 2015 | $0.205 | normal |
| Aug 17, 2015 | Sep 1, 2015 | Jul 28, 2015 | $0.195 | normal |
AFL has a payout ratio of 22.5% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 39.5%, Aflac's payout ratio is 43% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PFG Principal Financial Group Inc | 3.29% | $2.65 | 102.7% |
| UNM Unum Group | 2.77% | $1.43 | 21.8% |
| CNO CNO Financial Group Inc | 2.29% | $0.6 | 24.6% |
| AFL Aflac Inc | 2.11% | $1.76 | 22.5% |
| AIZ Assurant Inc | 1.63% | $2.84 | 23.6% |
| AAME Atlantic American Corp | 1.02% | $0.02 | N/A |
Yes, Aflac has been paying dividends for the last 30 years.
AFL hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in May 2024.
Aflac's last regular dividend was on Feb 20, 2024 (ex-date) with the amount of $0.5 per share.
AFL's annualized dividend per share is $1.76.
The current dividend yield of Aflac is 2.11%.
Aflac pays dividends quarterly.
The dividend payout ratio of Aflac is 22.5%.
Aflac's dividend yield is less than the Financial Services sector average.