AFL AF

AFL AFLAC Incorporated

Financial Services · Insurance - Life

8 · Strong Momentum 6.0 · Neutral Watch 15y streak

120.73

-0.28%

About the company

Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. It operates in two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers cancer, medical, nursing care, whole life, and GIFT insurance products, as well as WAYS and child endowment, and Tsumitasu insurance products in Japan. Its Aflac U.S. segment provides accident, disability, cancer, critical illness, hospital indemnity, dental, vision, and life insurance products in the United States. The company also provides hearing, final expense, pet, Medicare supplement, supplemental dental and vision, short-term disability, and absence management insurance products, as well as cafeteria plans. It sells its products to individuals, families, and business owners through individual, independent corporate, and affiliated corporate agencies; banks; independent associates/career agents; and brokers. Aflac Incorporated was founded in 1955 and is headquartered in Columbus, Georgia.

2.02%
26.38%
2.44
60.5B
13.05
9.25
113.95

52-week range

121
low 105 high 130
Yield Growth Momentum Safety Value Health

Dividend deep dive

AFLAC Incorporated, operating in the Insurance - Life industry within the Financial Services sector, has a market capitalization of $60.92 billion. The company currently offers a dividend yield of 1.96%. This is below its 5-year average yield band of 2.08% to 2.58%, suggesting it is overvalued by yield theory. The dividend safety status is currently designated as 'watch'.

Dividend history

AFLAC Incorporated has a dividend increase streak of 15 consecutive years, qualifying it as a CCC Contender. Over the past three years, the dividend grew at a CAGR of 13.19%, and the five-year CAGR stands at 15.68%. The company pays dividends quarterly in February, May, August, and November. Annual dividends paid have been $0.74 in 2014, $0.78 in 2015, $0.82 in 2016, $0.86 in 2017, $1.04 in 2018, $1.08 in 2019, $1.12 in 2020, $1.32 in 2021, $1.60 in 2022, $1.68 in 2023, $2.00 in 2024, and $2.32 projected for 2025.

Dividend safety

AFLAC's dividend appears well-covered with a payout ratio of 27.89%, based on its current dividend of $2.44 and EPS of $8.75. The company maintains a debt-to-equity ratio of 48.276%.

Quantic · Free

Read the rest of the safety verdict

Plus the key risks and what to watch next — free, no card.

AI-generated from Quantic's dividend data · Updated 17 Jul 2026 · Information, not financial advice.

Price history

123 78.5 34.0 2021 2022 2023 2024 2025 2026 2020-08 · 36.3 2020-09 · 36.4 2020-10 · 34.0 2020-11 · 43.9 2020-12 · 44.5 2021-01 · 45.2 2021-02 · 47.9 2021-03 · 51.2 2021-04 · 53.7 2021-05 · 56.7 2021-06 · 53.7 2021-07 · 55.0 2021-08 · 56.7 2021-09 · 52.1 2021-10 · 53.7 2021-11 · 54.1 2021-12 · 58.4 2022-01 · 62.8 2022-02 · 61.1 2022-03 · 64.4 2022-04 · 57.3 2022-05 · 60.6 2022-06 · 55.3 2022-07 · 57.3 2022-08 · 59.4 2022-09 · 56.2 2022-10 · 65.1 2022-11 · 71.9 2022-12 · 71.9 2023-01 · 73.5 2023-02 · 68.2 2023-03 · 64.5 2023-04 · 69.8 2023-05 · 64.2 2023-06 · 69.8 2023-07 · 72.3 2023-08 · 74.6 2023-09 · 76.8 2023-10 · 78.1 2023-11 · 82.7 2023-12 · 82.5 2024-01 · 84.3 2024-02 · 80.7 2024-03 · 85.9 2024-04 · 83.7 2024-05 · 89.9 2024-06 · 89.3 2024-07 · 95.4 2024-08 · 110 2024-09 · 112 2024-10 · 105 2024-11 · 114 2024-12 · 103 2025-01 · 107 2025-02 · 109 2025-03 · 111 2025-04 · 109 2025-05 · 104 2025-06 · 105 2025-07 · 99.4 2025-08 · 107 2025-09 · 112 2025-10 · 107 2025-11 · 110 2025-12 · 110 2026-01 · 111 2026-02 · 113 2026-03 · 110 2026-04 · 114 2026-05 · 112 2026-06 · 117 2026-07 · 123
Price

Dividend profile

Frequency
Quarterly
Growth (TTM)
+10.2%
CAGR 3y
+13.2%
+15.7%
15 years

(5-year)

Now 2.0%
2.1% avg 2.3% 2.6%

Payment calendar

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Dividend history

CAGR 3y +13.2% CAGR 5y +15.7% 15y streak
14 15 16 17 18 19 20 21 22 23 24 25

Per-share dividend by year

Quantic · Free

Unlock valuation & strategy

Two DDM fair values, margin of safety, sector value rank, Dividend Yield Theory, doubling time and max drawdown.

Debt & leverage

48.3%
0.94
0.81
Debt vs cash
Debt Cash
Total debt
14.5B USD
Total cash
8.3B USD
5.9B USD

Latest reported balance-sheet figures.

Held by 2 investors

Appears in these lists

AFL qualifies for these curated dividend rankings.

Information, not financial advice.

Quantic · Free

Track AFL and your whole portfolio

Real yield, dividend safety, net-of-tax income and your path to freedom — free, no broker connection.

€0

Need more? Pro adds portfolios, options income tracking & more AI. See Pro →