Aflac Incorporated (AFL) To Go Ex-Dividend on November 19th

Aflac Incorporated (NYSE:AFL) announced a quarterly dividend on Tuesday, November 4th. Investors of record on Wednesday, November 19th will be paid a dividend of 0.58 per share by the financial services provider on Monday, December 1st. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date is Wednesday, November 19th.

Aflac has raised its dividend by an average of 0.1%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 32.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect Aflac to earn $7.23 per share next year, which means the company should continue to be able to cover its $2.32 annual dividend with an expected future payout ratio of 32.1%.

Aflac Stock Up 2.2%

NYSE AFL opened at $111.23 on Thursday. Aflac has a 12 month low of $96.95 and a 12 month high of $115.43. The company has a current ratio of 0.11, a quick ratio of 0.11 and a debt-to-equity ratio of 0.33. The stock has a market cap of $59.49 billion, a PE ratio of 25.22, a P/E/G ratio of 2.93 and a beta of 0.83. The stock’s 50 day moving average is $108.69 and its 200 day moving average is $105.63.

Aflac (NYSE:AFL) last announced its quarterly earnings data on Monday, February 27th. The financial services provider reported $1.07 earnings per share (EPS) for the quarter. Aflac had a net margin of 15.32% and a return on equity of 15.08%. The business had revenue of $5.91 billion during the quarter. Research analysts predict that Aflac will post 6.88 EPS for the current fiscal year.

Aflac declared that its Board of Directors has approved a stock repurchase plan on Tuesday, August 12th that permits the company to buyback 100,000,000 outstanding shares. This buyback authorization permits the financial services provider to purchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

Aflac Company Profile

Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. The company operates through Aflac Japan and Aflac U.S. segments. The Aflac Japan segment offers cancer, medical, nursing care, work leave, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan.