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Saturday, December 14, 2024

Aflac Dividend Increase

On 2 December, Aflac (AFL) increased its quarterly dividend by 16%, from 50¢ to 58¢ per share.

The dividend will be paid on 3 March 2025 to shareholders of record on 19 February 2025. The ex-dividend date is 19 February 2025.

AFL's contribution to DivGro's projected annual dividend income will increase by $64 to $464.

I own 200 shares of AFL at an average cost basis of $39.90 per share. Following this increase, my yield on cost is 5.81%. (AFL's forward yield is 2.22% at $104.52 per share). 

Since opening my position in April 2013, the stock has generated a total return of 184%, including $1,789.50 in dividend income. That's an impressive annualized rate of return of 18.4%.

AFL became DivGro's 17th Home Run stock in July 2018 when it doubled my original capital outlay. 

5-Year History of Dividend Payouts by Ex-Date
2020 2021 2022 2023 2024 2025
$1.12 $1.32 $1.60 $1.68 $2.00 $2.32
3.70% 17.86% 21.21% 5.00% 19.05% 16.00%
5-year DGR: 13.12% 15.68%

projected, assuming no further changes


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