SmarterDividends
AFL

Aflac Incorporated

AFL41 yrs growth

Financial Services · Stock · quarterly payer

Forward Yield

2.12%

Annual Dividend

$2.44

Payout Ratio

27%

5-Yr Growth

15.7%

Ex-Date

May 20, 2026

Frequency

Quarterly

AFL Dividend Safety Score

99/ 100
Grade A

Very Safe

Dividend-growth streak40 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage27% of earnings paid out
Free-cash-flow coverage25% of free cash flow
Balance-sheet strengthDebt/equity of 0.48
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is AFL a good dividend stock?

Yes

Aflac Incorporated (AFL) pays a quarterly dividend yielding 2.12% ($2.44/yr), with 41 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend Aristocrat — 41 consecutive years of growth
  • Never cut its dividend on record
  • Comfortable payout ratio (27%)
  • Strong 15.7% 5-yr dividend growth
  • 119% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Single-stock concentration risk — diversify

Key Data

Dividend Yield
2.12%
Payout Ratio
27%
Annual Dividend
$2.44
5-Yr Avg Growth
15.7%
Ex-Dividend Date
May 20, 2026
Years of Growth
41
Frequency
quarterly
Beta
0.61
Market Cap
$58.7B
P/E Ratio
13.2
5-Yr Total Return
119%
52-Week Range
$96.95 – $119.81
Dividend Safety
A · 99/100
Ever Cut?
No
AFL ex-dividend date & scheduleNext ex-date May 20, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.44 / yr per share

Per payment (quarterly)$61.00
Annual$244.00
Monthly avg$20.33