On Wednesday, November 18 the Board of Directors of Aflac
Incorporated announced a quarterly dividend increase of from $ 0.28 to $ 0.33
per share that’s payable March 1, 2020 to holders of record February 17, 2020.
This represents a 17.9% increase over last quarterly dividend.
Commenting on the announcement, Aflac Incorporated
Chairman and Chief Executive Officer Daniel P. Amos said: "I am pleased
with the Board's action to increase the first quarter 2021 dividend. We
treasure our record of 38 consecutive years of dividend increases, and we are
looking to reward our shareholders by extending that track record in 2021. We
remain committed to maintaining strong capital ratios on behalf of our
policyholders and balance this financial strength with a focus on increasing
the dividend, repurchasing shares and reinvesting in our business. Our dividend
track record is supported by the strength of our capital and cash flows."
With current price $ 42.63 (today's open), this raise
brings their dividend yield to 3.10%.