AFLAC: Dividend Pick for the Next 5 Years

Columbus-based American Family Life Assurance Company (AFL), incorporated in 1973, provides insurance and management services, and operates in Japan and the United States. It sells several types of health insurance like cancer plans, general medical expense plans and care plans. The Company insures about 60 million people throughout the world. Here, is a brief analysis of the fundamentals: INCOME STATEMENT ($ million) SALES NET INCOME EPS DIVIDENDS 2001 $9,598.00 $687.00 $1.28 $0.19 2002 $10,257.00 $821.00 $1.55 $0.23 2003 $11,447.00 $768.00 $1.47 $0.23 2004 $13,281.00 $1,266.00 $2.45 $0.38 2005 $14,363.00 $1,483.00 $2.92 $0.44 2006 $14,616.00 $1,483.00 $2.96 $0.55 2007 $15,393.00 $1,634.00 $3.31 $0.80 2008 $16,554.00 $1,254.00 $2.62 $0.96 2009 $18,254.00 $1,497.00 $3.19 $1.12 2010 $20,732.00 $2,344.00 $4.95 $1.14 When we look at the graphs, we can observe that sales have increased every year between 2001 and 2010. Net income also had increased until 2008;... Read more

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