Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investo ...

Aflac Incorporated Conference Call Summary Company Overview - Aflac Incorporated operates in two major life insurance markets: the United States and Japan, providing financial protection for over 68 years to millions of policyholders [4][3] - Aflac is the leading provider of supplemental health insurance in the US and the top provider of cancer and medical insurance in Japan [4][11] Core Business Strategy - Aflac's policies are designed to pay fixed cash benefits directly to insureds, independent of other insurance coverage [5] - The company focuses on developing supplemental health policies to offset rising out-of-pocket expenses not covered by major medical insurance [4][5] - Aflac sells policies through multiple distribution channels, including associates, brokers, and direct sales, enhancing customer reach and sales [6] Brand and Corporate Responsibility - Aflac is recognized as one of the world's most ethical companies, leveraging its strong brand, symbolized by the Aflac Duck, to connect with consumers [7][8] - The Aflac Foundation has donated over $173 million to support children with cancer and sickle cell anemia [2][9] - Aflac has established facilities in Japan to support pediatric cancer patients and their families, demonstrating its commitment to social responsibility [9][10] Performance Highlights Aflac Japan - Aflac Japan accounts for 60% of adjusted revenues and 80% of assets, celebrating its 50th anniversary in 2024 [11] - The company has seen a 10.9% increase in overall sales in 2023, driven by a new cancer product launch that contributed to a 25% increase in cancer sales [13] - Total adjusted revenues declined 3.6% to nearly ¥1.5 trillion, but pre-tax adjusted earnings increased 6% to nearly ¥457 billion, resulting in a profit margin of 30.5% [17] Aflac US - Aflac US holds a 29% market share in the supplemental health insurance market, with total adjusted revenues increasing 2.1% to $6.6 billion in 2023 [22][24] - Pre-tax adjusted earnings reached an all-time high of $1.5 billion, with a profit margin of 22.7% [22][23] - Cancer insurance sales increased nearly 25% following the introduction of a new policy in 2023 [23] Financial Management - Net earnings per diluted share for 2023 were $7.78, with adjusted earnings per diluted share of $6.23, marking the best in company history [25] - Aflac maintains a strong capital position with a solvency margin above 1,100% in Japan and a combined RBC in the US above 650% [27] - The company has a history of dividend increases, with a 19% increase announced for the first quarter of 2024 [27][28] Future Outlook - Aflac Japan aims for sales of ¥67 billion to ¥73 billion by the end of 2026, while Aflac US targets $1.8 billion in sales by the end of 2025 [17][35] - The company is focused on optimizing distribution channels and enhancing product offerings to meet evolving customer needs [15][16] Regulatory and Competitive Landscape - Aflac is monitoring potential regulatory changes in Washington that could impact short-term disability contracts [36][37] - The company views competition as an opportunity for growth, citing past experiences during deregulation in Japan [41] Conclusion - Aflac is well-positioned for long-term growth, with a strong market presence, innovative products, and a commitment to fulfilling its promises to policyholders while delivering value to shareholders [29]

Aflac Incorporated (NYSE:AFL) Bank of America Securities Financial Services Conference February 21, 2024 3:20 PM ET Company Participants Dan Amos - Chairman & Chief Executive Officer David Young - Vice President of Investor & Rating Agency Relations Conference Call Participants Josh Shanker - Bank of America Josh Shanker This is the Bank of America 2024 Financial Services Conference. If you're in this session, it’s Aflac session and you're in the right place. So we're very pleased to have both Dan Amos and ...

Aflac Incorporated Daniel P. Amos Chairman, CEO and President Forward-Looking Statements and Non-GAAP Financial Measures The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” to encourage companies to provide prospective information, so long as those informational statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those included in the forward-look ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-07434 | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------- ...

Warren Buffett stock picks continue to include a secret stock. Speculation was high that Buffett’s mystery holding would be revealed when his company, Berkshire Hathaway’s (NYSE:BRK.A/NYSE:BRK.B) latest 13F regulatory filing was made public. But no such luck. The Oracle of Omaha, as Buffett is known, has continued to ask the U.S. Securities and Exchange Commission (SEC) for confidential treatment of one of his stocks. Buffett has done this before. In late 2020, he kept secret the positions he was building i ...

A downtrend has been apparent in Aflac (AFL) lately with too much selling pressure. The stock has declined 7.1% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting wh ...

Aflac Incorporated (AFL) reported fourth-quarter 2023 adjusted earnings per share (EPS) of $1.25, which missed the Zacks Consensus Estimate by 15%. The bottom line decreased from $1.29 per share reported in the year-ago period.Aflac’s revenues decreased 5.7% year over year to $3.78 billion in the quarter under review. The top line missed the consensus mark by 15%.The weak fourth-quarter results were due to higher benefits and claims, lower adjusted net investment income and declining profit levels from the ...

Aflac Incorporated (NYSE:AFL) Q4 2023 Earnings Conference Call February 1, 2024 8:00 AM ET Company Participants David Young - VP of Investor and Rating Agency Relations Dan Amos - Chairman and CEO and President Max Broden - EVP and CFO Brad Dyslin - Global Chief Investment Officer, President of Aflac Global Investments Masatoshi Koide - President and Representative Director, Aflac Life Insurance Japan Koichiro Yoshizumi - EVP and Director of Sales and Marketing and Alliance Strategy Virgil Miller - Presiden ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Aflac (AFL) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Aflac is one of 857 companies in the Finance group. The Finance group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zac ...