Aflac Incorporated stock dividend – Aflac: A Must-Have for Any Dividend Growth Portfolio

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Aflac Incorporated ($NYSE:AFL) is a major player in the supplemental insurance market, providing health insurance and life insurance policies to individuals and businesses worldwide. Aflac is an ideal stock for any investor looking to create a portfolio that focuses on long-term dividend growth. Aflac has a strong presence in the supplemental insurance market, offering a variety of products including health insurance, life insurance, disability insurance, and accident insurance. Aflac has also been actively expanding into new markets. The company recently acquired the U.S.-based broker-dealer Equity Services, Inc., which provides services to investment companies, providing Aflac with a new avenue for growth.

This acquisition is expected to help Aflac expand its presence in the U.S. market and provide additional opportunities for dividend growth in the future. Given its strong financial performance and commitment to increasing dividend payments, Aflac is an ideal stock for any investor looking to create a portfolio that focuses on long-term dividend growth. The company’s diversified product offerings and expansion into new markets provide investors with further assurance of dividend stability and growth. Therefore, Aflac should be included in any portfolio focused on generating dividend growth.

Dividends – Aflac Incorporated stock dividend

AFLAC INCORPORATED is a stock that should be considered for any dividend growth portfolio. In the last three years, the company has issued an annual dividend per share of 1.66, 1.6, and 1.32 USD, making it a strong choice for those looking to receive regular payouts. The dividend yields for 2021 to 2023 are estimated at 2.45%, 2.66%, and 2.56%, with an average yield of 2.56%.

This makes AFLAC INCORPORATED an attractive option for dividend-seeking investors. For those looking to benefit from steady dividend growth, AFLAC INCORPORATED should be strongly considered.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Aflac Incorporated. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Aflac Incorporated. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Aflac Incorporated. More…

Key Ratios Snapshot

Some of the financial key ratios for Aflac Incorporated are shown below. More…

Stock Price

On Tuesday, the stock opened at $81.3 and saw an impressive rise of 1.0%, closing at $82.1. This increase is indicative of the trust investors have in the company’s future potential. The stability of Aflac’s dividend growth over the past several years has made it an attractive choice for dividend seekers, while the consistent performance of the company’s stock has made it a reliable choice in any portfolio. Live Quote…

Analysis – Aflac Incorporated Stock Fair Value Calculator

At GoodWhale we conducted an analysis of AFLAC INCORPORATED‘s fundamentals and found the intrinsic value of their shares to be around $71.4, calculated by our proprietary Valuation Line. Currently, AFLAC INCORPORATED stock is traded at $82.1, a fair price that is overvalued by 15.0%. This means that the current stock price is substantially higher than the company’s true value, making it an ideal investment for those looking for a quick return. However, it is important to remember that investing in any stock carries risk and so it is always recommended to do your own due diligence before making any investment decisions. More…

Peers

Aflac Inc is one of the leading providers of supplemental insurance in the United States. The company offers a wide range of insurance products, including cancer, critical illness, and Accident insurance. Aflac Inc’s competitors include Pekin Life Insurance Co, PT Asuransi Jiwa Sinarmas MSIG Tbk, FarGlory Life Insurance Co Ltd.

– Pekin Life Insurance Co ($OTCPK:PKIN)

Pekin Life Insurance Co is a life insurance company with a market cap of $159.59M as of 2022. The company has a Return on Equity of 24.43%. Pekin Life Insurance Co offers life insurance products and services to individuals and businesses in the United States.

– PT Asuransi Jiwa Sinarmas MSIG Tbk ($IDX:LIFE)

Sinarmas MSIG Tbk. is an Indonesia-based company primarily engaged in providing general insurance services. The Company offers various types of general insurance products, including motor vehicle insurance, fire and allied perils insurance, marine cargo insurance, engineering insurance, surety bonds, personal accident insurance, health and life insurance. It also provides other services, such as agency, bancassurance, risk management consultancy and claim administration. The Company’s products are marketed under the brand names of MSIG and ASURANSI SINARMAS. As of December 31, 2011, the Company had a network of approximately 546 marketing offices and 10,000 agents spread across 33 provinces in Indonesia.

– FarGlory Life Insurance Co Ltd ($TPEX:5859)

Founded in 1937, FarGlory Life Insurance Company Ltd. is one of the oldest and largest life insurers in China. The company provides a wide range of life insurance products, including whole life, term life, universal life, and annuity products. It also offers health, accident, and long-term care insurance. FarGlory Life has a nationwide network of more than 5,000 branches and over 100,000 agents. The company serves more than 20 million policyholders and had over RMB 1 trillion of life insurance in force as of December 31, 2019.

Summary

AFLAC Incorporated is an attractive dividend growth investment for long-term investors. Overall, AFLAC Incorporated should be considered by dividend growth investors looking for a stable income stream.