AFL Dividend History & Analysis | 2.1% Yield

AFL has a dividend yield of 2.1% and paid 2.38 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 2.12%
Payout Ratio 31.4%
Growth Rate CAGR 5y 13.5%
Consistency Lifetime 100%
Yield on Cost 5y 5%
Payout FCF 27.1%
Streak Years 5
Dividend Rating 71.1%
Chowder Number yield + growth 15.7% meets 15% target for healthy growth
Yield vs Average 5y +0% avg 2.12% vs now 2.12%
Debt / EBITDA leverage -4.6x healthy
Income per 10k invested 212 USD per year
Dividends Cash Amount per Share Yearly AFL annual dividends paid per share, showing the total cash Aflac distributed to shareholders each year.
Dividend Growth Year over Year AFL year-over-year dividend growth rate, showing how Aflac's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History AFL dividend yield history versus share price over the past 5 years, showing how Aflac's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Life & Health Insurance

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
PST MI
Poste Italiane
41,161 M 4.95% 15.38%
NN AS
NN
23,287 M 5.67% 13.18%
PRU NYSE
Prudential Financial
40,071 M 5.32% 7.05%
MFC NYSE
Manulife Financial
72,240 M 3.87% 8.91%
STB OL
Storebrand ASA
8,557 M 3.10% 8.76%
SLF NYSE
Sun Life Financial
44,294 M 4.23% 6.48%
PFG NASDAQ
Principal Financial
24,615 M 3.63% 6.15%
FG NYSE
F&G Annuities & Life
4,122 M 3.32% 6.39%
UNM NYSE
Unum
14,228 M 2.39% 7.86%
MET NYSE
MetLife
60,290 M 2.97% 4.62%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
PRI NYSE
Primerica
9,684 M 23.39% 100.0%
PST MI
Poste Italiane
41,161 M 22.82% 100.0%
AFL NYSE
Aflac
62,050 M 13.54% 100.0%
UNM NYSE
Unum
14,228 M 11.78% 100.0%
NN AS
NN
23,287 M 11.67% 100.0%
STB OL
Storebrand ASA
8,557 M 11.69% 100.0%
GL NYSE
Globe Life
14,330 M 9.43% 100.0%
MFC NYSE
Manulife Financial
72,240 M 7.31% 100.0%
CNO NYSE
CNO Financial
4,872 M 6.79% 100.0%
SLF NYSE
Sun Life Financial
44,294 M 6.94% 100.0%

AFL Dividend History

Dividend Monthly Return EX date, 4.9 years of data

Jan - -
Feb 0.59% 100
Mar - -
Apr - -
May 0.60% 100
Jun - -
Jul - -
Aug 0.56% 100
Sep - -
Oct - -
Nov 0.53% 100
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-05-20 2026-05-20 2026-06-01 Quarterly 0.61 0% 0.52%
2026-02-18 2026-02-18 2026-03-02 Quarterly 0.61 +5.2% 0.53%
2025-11-19 2025-11-19 2025-12-01 Quarterly 0.58 0% 0.52%
2025-08-20 2025-08-20 2025-09-02 Quarterly 0.58 0% 0.54%
2025-05-21 2025-05-21 2025-06-02 Quarterly 0.58 0% 0.55%
2025-02-19 2025-02-19 2025-03-03 Quarterly 0.58 +16% 0.56%
2024-11-20 2024-11-20 2024-12-02 Quarterly 0.5 0% 0.45%
2024-08-21 2024-08-21 2024-09-02 Quarterly 0.5 0% 0.48%
2024-05-21 2024-05-22 2024-06-03 Quarterly 0.5 0% 0.57%
2024-02-20 2024-02-21 2024-03-01 Quarterly 0.5 +19% 0.64%
2023-11-14 2023-11-15 2023-12-01 Quarterly 0.42 0% 0.52%
2023-08-22 2023-08-23 2023-09-01 Quarterly 0.42 0% 0.57%
2023-05-16 2023-05-17 2023-06-01 Quarterly 0.42 0% 0.64%
2023-02-14 2023-02-15 2023-03-01 Quarterly 0.42 +5% 0.6%
2022-11-15 2022-11-16 2022-12-01 Quarterly 0.4 0% 0.58%
2022-08-23 2022-08-24 2022-09-01 Quarterly 0.4 0% 0.65%
2022-05-17 2022-05-18 2022-06-01 Quarterly 0.4 0% 0.7%
2022-02-15 2022-02-16 2022-03-01 Quarterly 0.4 +21.2% 0.62%
2021-11-16 2021-11-17 2021-12-01 Quarterly 0.33 0% 0.57%
2021-08-17 2021-08-18 2021-09-01 Quarterly 0.33 0% 0.58%

AFL Dividend FAQ

What is the Dividend Yield of AFL?

As of July 2026, AFL's dividend yield is 2.12%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.38 USD by the current share price of 124.08.

Does AFL pay a dividend?

As of July 2026, AFL paid a dividend of 2.38 USD in the last 12 months. The last dividend was paid on 2026-05-20 and the payout was 0.61 USD.

How often does AFL pay dividends?

AFL pays dividends quarterly. Over the last 12 months, AFL has issued 4 dividend payments. The last dividend payment was made on 2026-05-20.

AFL dividend forecast

Based on historical data, the forecasted dividends per share for AFL for the next payments are between 0.616 (+1.0%) and 0.681 (+11.6%). This indicates a solid dividend increase compared to the last payment. The expected Yield for the next 12 months is about 2.07%.

Will AFL pay dividends in 2026?

The latest dividend paid per share was 0.61 USD with an Ex-Dividend Date of 2026-05-20. The next Ex-Dividend date for Aflac (AFL) is currently unknown.

What is the next Ex-Dividend Date for AFL?

The next Ex-Dividend date for Aflac (AFL) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of AFL?

AFL's average dividend growth rate over the past 5 years is 13.5% per year. Strong growth: AFL's dividend growth is outpacing inflation.

What is the Yield on Cost of AFL?

AFL's 5-Year Yield on Cost is 5.02%. If you bought AFL's shares at 47.39 USD five years ago, your current annual dividend income (2.38 USD per share, trailing 12 months) equals 5.02% of your original purchase price.

What is the Payout Consistency of AFL?

AFL Payout Consistency is 100.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Aflac has a strong track record of consistent dividend payments over its lifetime.

Does AFL have a good Dividend Yield?

AFL's 2.12% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of AFL?

The Dividend Payout Ratio of AFL is 31.4%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of AFL?

AFL's Overall Dividend Rating is 71.14%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

AFL Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in AFL's Outstanding Shares?

Aflac's outstanding shares have decreased by approximately 5.52% annually over the past 3 years (Trend Reliability: -98.2%). Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has AFL ever had a Stock Split?

Yes, the last stock split was on Mar 19, 2018 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 1,120,000,000 0%
1986 1,000,000,000 -10.71%
1987 1,084,000,000 +8.4%
1988 1,148,000,000 +5.9%
1989 1,044,000,000 -9.06%
1990 1,123,333,300 +7.6%
1991 1,211,428,600 +7.84%
1992 1,183,636,400 -2.29%
1993 1,258,326,000 +6.31%
1994 1,222,008,000 -2.89%
1995 1,170,928,000 -4.18%
1996 1,134,912,000 -3.08%
1997 1,105,176,000 -2.62%
1998 1,107,076,000 +0.17%
1999 1,089,044,000 -1.63%
2000 1,083,534,000 -0.51%
2001 1,059,254,000 -2.24%
2002 1,048,936,000 -0.97%
2003 1,038,710,000 -0.97%
2004 1,018,898,000 -1.91%
2005 1,009,148,000 -0.96%
2006 993,316,000 -1.57%
2007 968,834,000 -2.46%
2008 934,264,000 -3.57%
2009 944,900,000 +1.14%
2010 944,208,000 -0.07%
2011 937,066,000 -0.76%
2012 940,582,000 +0.38%
2013 931,010,000 -1.02%
2014 898,060,000 -3.54%
2015 841,840,000 -6.26%
2016 808,138,000 -4%
2017 790,080,000 -2.23%
2018 755,790,000 -4.34%
2019 737,463,000 -2.42%
2020 691,940,000 -6.17%
2021 662,512,000 -4.25%
2022 622,994,000 -5.96%
2023 584,881,000 -6.12%
2024 565,015,000 -3.4%
2025 532,015,000 -5.84%
2026 514,785,000 -3.24%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-18 02:38 UTC