Monday, December 2nd the Board of Directors of Aflac Incorporated (AFL) announced a quarterly dividend increase of from $0.50 to $0.58 per share that’s payable March 3, 2025 to holders of record February 19, 2025. This represents a 16% increase over the last quarterly dividend.
Commenting on the announcements, Aflac Incorporated Chairman and Chief Executive Officer Daniel P. Amos said: "I am pleased with the Board's action to increase the first quarter 2025 dividend. We treasure our record of 42 consecutive years of dividend increases, and our dividend track record is supported by the strength of our capital and cash flows. As an insurance company, our primary responsibility is to fulfill the promises we make to our policyholders. At the same time, we are listening to our shareholders and understand the importance of prudent liquidity and capital management. We remain committed to maintaining strong capital ratios on behalf of our policyholders and balance this financial strength with tactical capital deployment."
With current price $112.24 (today's open), this raise brings their dividend yield to 2.07%.
