Aflac(US:AFL) Prnewswire·2024-12-02 21:23Core Viewpoint - Aflac Incorporated has declared a first quarter dividend of $0.58 per share, marking a 16.0% increase from the previous quarter's dividend, reflecting the company's strong capital and cash flow position [1][2]. Company Overview - Aflac Incorporated is a Fortune 500 company that has provided financial protection for nearly seven decades, primarily through its subsidiaries in the U.S. and Japan [3]. - In the U.S., Aflac is the leading provider of supplemental health insurance products, while in Japan, it is the top provider of cancer and medical insurance based on policies in force [3]. - The company has been recognized for its ethical practices, being included in the World's Most Ethical Companies for 18 consecutive years and Fortune's World's Most Admired Companies for 23 years [3]. Dividend Announcement - The Board of Directors has declared a first quarter dividend of $0.58 per share, payable on March 3, 2025, to shareholders of record as of February 19, 2025 [1]. - This dividend increase is part of Aflac's commitment to maintaining a strong dividend track record, having achieved 42 consecutive years of dividend increases [2]. Financial Strength and Management - Aflac's dividend policy is supported by the strength of its capital and cash flows, emphasizing prudent liquidity and capital management [2]. - The company aims to balance strong capital ratios with tactical capital deployment to fulfill its responsibilities to policyholders while also addressing shareholder interests [2].