11 Incredible Dividend Stocks: Aflac
The businessEveryone knows the iconic Aflac duck, but far fewer people could tell you what the company actually does. Unlike your typical employer-provided health insurance plan with UnitedHealth Group (NYSE: UNH) or WellPoint (NYSE: WLP) , Aflac offers individually issued, supplementary health insurance that pays policyholders directly in cash when they get sick or injured. Aflac is the No. 1 company within this niche of the insurance world, and in Japan, where the company collects 70% of its revenue, Aflac insures 25% of households and employees at 89% of the companies on the Tokyo Stock Exchange.
Company
Aflac
Dividend Yield
2.7%
5-Year Dividend Growth Rate
20% annually
Payout Ratio
26%
Has Maintained or Raised Dividend Since
1982
Why it's incredibleAflac's operating business is boring. With 7.5% annual revenue growth over the last five years, it is appropriate that Aflac's mascot is a humble duck, and not, say, a thundercougarfalconbird.... Read more