Aflac Dividend yield

Aflac is part of Life Insurance business, which is part of Financials industry. Aflac is a company from USA, and his stocks are publicly traded.

Aflac stock dividend

Aflac paid a total dividend of 1,018 million USD last year, for a market value of 45,189 millions (Market Cap 44,805 millions). Aflac dividend per share is 1.68 USD, and his stock market price 74.57 USD.

According to the chart below, where dividend yield is displayed, Aflac has a dividend yield of 2.25%, lower than the amount offered by both the market average and companies from USA. It is also lower than average of Financials industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Aflac stocks dividend with other Life Insurance companies or other of the high USA dividend stocks list.

Aflac Dividend Payout

About the ability of Aflac to maintain his current dividend of USD 1.68 per share, an amount that accounts for 2.25%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Aflac payout on ernings is currently 24.35%, which is lower than the market average and companies of Financials industry, which are 39.34% and 46.18% respectively. Both figures lead us to believe that there is confidence that Aflaccan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Aflac is USD 6.43 per share, which is higher than the dividend per share paid by the company of USD 1.68, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Aflac, compared againt world market average, USA companies, Financials industry and Life Insurance sector companies.

Aflac Dividend History

Below you will find a table with the historical evolution of Aflac's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	2.25%	1.68	24.35%	606
2022	2.22%	1.60	22.92%	622
2021	2.26%	1.32	18.31%	662
2020	2.52%	1.12	23.93%	702
2019	2.04%	1.08	26.93%	734
2018	2.28%	1.04	30.14%	774
2017	2.05%	1.80	26.87%	397
2016	2.41%	1.72	27.70%	410
2015	2.51%	1.64	24.12%	434

*In millions

Then you can see the evolution of Aflac dividend stock, and compare it with the average of USA stocks and that of the Life Insurance stocks.

Aflac Stock performance

Finally, last moth Aflac showed a return of 3.10% compared to a worldwide -2.49% average, and a -3.03% of Financials firms. Over the last year, the company obtained a 25.50% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Life Insurance firms.