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Aflac (AFL) 3-Year Dividend Growth Rate

: 14.50% (As of Dec. 2023)
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Aflac's Dividends per Share for the three months ended in Dec. 2023 was $0.42.

The historical rank and industry rank for Aflac's 3-Year Dividend Growth Rate or its related term are showing as below:

AFL' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 5.1   Med: 14   Max: 29.7
Current: 14.5

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Aflac was 29.70% per year. The lowest was 5.10% per year. And the median was 14.00% per year.

AFL's 3-Year Dividend Growth Rate is ranked better than
77.5% of 240 companies
in the Insurance industry
Industry Median: 6.3 vs AFL: 14.50

During the past 12 months, Aflac's average Dividends Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 11.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Aflac's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.34. As of today, Aflac's Dividend Yield % is 2.11%.

Warning Sign:

Aflac Inc stock dividend yield is close to 3-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Insurance - Life subindustry, Aflac's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aflac 3-Year Dividend Growth Rate Distribution

For the Insurance industry and Financial Services sector, Aflac's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Aflac's 3-Year Dividend Growth Rate falls into.



Aflac 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Aflac  (NYSE:AFL) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Aflac's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.42/ 1.25
=0.34

During the past 13 years, the highest Dividend Payout Ratio of Aflac was 0.28. The lowest was 0.23. And the median was 0.25.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Aflac Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5002024-02-202024-02-212024-03-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.4202023-11-142023-11-152023-12-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.4202023-08-222023-08-232023-09-01Cash DividendquarterlyUSD:USD 1.000000
USD 0.4202023-05-162023-05-172023-06-01Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Aflac's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.76/83.23
=2.11 %

Current Share Price is $83.23.
Aflac's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.76.

During the past 13 years, the highest Dividend Yield of Aflac was 4.04%. The lowest was 1.86%. And the median was 2.28%.

Warning Sign:

Aflac Inc stock dividend yield is close to 3-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Aflac 3-Year Dividend Growth Rate Related Terms>


Aflac (AFL) Business Description

Industry
Traded in Other Exchanges
Address
1932 Wynnton Road, Columbus, GA, USA, 31999
Aflac Inc offers supplemental health insurance and life insurance in the two largest insurance markets in the world, the U.S. and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accident, disability, and long-term-care insurance. It markets its products through independent distributors, selling most of its policies directly to consumers at their places of work.
Executives
Steven Kent Beaver officer: SVP, CFO, Aflac US 1932 WYNNTON ROAD, COLUMBUS GA 31999
Masatoshi Koide officer: Deputy President, Aflac Japan 1932 WYNNTON RD, COLUMBUS GA 31999
June P Howard officer: Sr. Vice President 1932 WYNNTON RD, COLUMBUS GA 31999
Lake Charles D Ii officer: President AFLAC Japan AFLAC INC, 1932 WYNNTON RD, COLUMBUS GA 31999
Frederick John Crawford officer: EVP, Chief Financial Officer AFLAC INCORPORATED, COLUMBUS GA 31999
William P Bowers director 600 NORTH 18TH STREET, BIN 15N-8170, BIRMINGHAM AL 35203
Joseph L Moskowitz director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Simard Frederic Jean Guy officer: SVP, CFO, Aflac U.S. 1932 WYNNTON ROAD, COLUMBUS GA 31999
James Todd Daniels officer: Sr. Vice President 1932 WYNNTON ROAD, COLUMBUS GA 31999
Albert Riggieri officer: SVP, Corporate Actuary 1932 WYNNTON RD, COLUMBUS GA 31999
Virgil Raynard Miller officer: President, Aflac U.S. 1932 WYNNTON ROAD, COLUMBUS GA 31999
Barbara K Rimer director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Miwako Hosoda director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Bradley Eugene Dyslin officer: Executive Vice President 1932 WYNNTON ROAD, COLUMBUS GA 31999
Audrey B Tillman officer: Executive Vice President 1932 WYNNTON RD, COLUMBUS GA 31999

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