Aflac Incorporated (AFL) To Go Ex-Dividend on May 20th

Aflac Incorporated (NYSE:AFLGet Free Report) declared a quarterly dividend on Monday, April 27th. Shareholders of record on Wednesday, May 20th will be paid a dividend of 0.61 per share by the financial services provider on Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Wednesday, May 20th.

Aflac has raised its dividend by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 44 years. Aflac has a dividend payout ratio of 34.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Aflac to earn $7.75 per share next year, which means the company should continue to be able to cover its $2.44 annual dividend with an expected future payout ratio of 31.5%.

Aflac Trading Up 0.0%

Shares of Aflac stock opened at $116.83 on Monday. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.26. Aflac has a 12-month low of $96.95 and a 12-month high of $119.32. The firm has a market capitalization of $59.47 billion, a price-to-earnings ratio of 13.26, a PEG ratio of 2.04 and a beta of 0.62. The firm’s 50 day simple moving average is $111.74 and its two-hundred day simple moving average is $111.28.

Aflac (NYSE:AFLGet Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $1.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.80 by ($0.05). Aflac had a net margin of 25.60% and a return on equity of 13.88%. The company had revenue of $4.24 billion for the quarter, compared to analyst estimates of $4.20 billion. During the same quarter in the previous year, the company posted $1.66 EPS. The company’s revenue for the quarter was up 27.9% compared to the same quarter last year. Analysts predict that Aflac will post 7.12 EPS for the current year.

About Aflac

(Get Free Report)

Aflac Incorporated (American Family Life Assurance Company of Columbus) is a provider of supplemental insurance products designed to help policyholders manage out-of-pocket health care and living expenses. The company underwrites a range of individual and group policies that typically pay cash benefits directly to insureds when covered events occur, enabling greater financial flexibility for medical treatment, hospital stays, critical illness, and related costs. Aflac’s product mix includes supplemental health insurance, life insurance and other specialty coverages intended to complement primary medical plans.

Founded in the mid-20th century and headquartered in Columbus, Georgia, Aflac distributes its products through a combination of employer-sponsored programs, independent brokers and agents, and direct marketing.

Further Reading

Dividend History for Aflac (NYSE:AFL)

Receive News & Ratings for Aflac Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aflac and related companies with MarketBeat.com's FREE daily email newsletter.