On Tuesday, November 11th, Aflac Incorporated (AFL) announced that its Board of Directors approved a quarterly dividend increase from $0.58 to $0.61 per share. The dividend is payable on March 2, 2026, to shareholders of record as of February 18, 2026. This marks a 5.17% increase over the previous quarterly dividend.
At the current price of $115.10 (today's open), this increase will raise AFL's dividend yield to 2.12%.
Aflac is a Dividend Champions with a 43 year streak of dividend increases. Dividend growth rates for 1, 3, 5 and 10 years are 19.0, 14.9, 13.1 and 10.5 (Dividend Champions.xls)
As an owner of 75 shares of Aflac, the recent dividend increase adds $6.71 to my projected annual net dividend income.
I was expecting an increase of around ten percent, so this announcement was a slight disappointment, but I am still happy to accept it.
This marks the sixth dividend increase I’ve received from Aflac since initiating my position in August 2020. During that time, the company’s quarterly dividend has risen from $0.28 to $0.61 per share — a strong cumulative increase of 117.9%.
As of this writing, Aflac represents approximately 0.98% of my portfolio by weight and contributes around 0.50% to my projected annual dividend income.
Following this increase, my yield on cost is 6.45%.
Summary of 2025 Dividend Increases / Cuts
Click here to see my portfolio holdings.
You can follow the development of my dividends here.
Full Disclosure: Long AFL
Thanks for stopping by!
No comments:
Post a Comment