Aflac Incorporated’s (AFL) Dividend Growth History and its Place in Cheap Quarterly Dividend Stocks

Core Insights - Aflac Incorporated (NYSE:AFL) is recognized as one of the 11 cheap quarterly dividend stocks to buy currently [1] - The company specializes in supplemental health and life insurance, particularly in Japan, where it is the largest provider of cancer and medical insurance products [2] - Aflac's long-term success is attributed to product innovation, strong partnerships in Japan, and investments in technology and digital transformation in the US [3] - The company has a history of increasing its dividends for 42 consecutive years, currently offering a quarterly dividend of $0.58 per share with a dividend yield of 2.14% as of September 23 [4] Company Overview - Aflac Incorporated focuses on supplemental health and life insurance, providing cash benefits directly to policyholders for various coverage types [2] - The company is particularly strong in the Japanese market, offering "third sector" plans that cover health-related needs outside of government programs [2] Financial Performance - Aflac has demonstrated disciplined capital allocation through share repurchases and consistent dividend growth, reinforcing its financial strength [3] - The current quarterly dividend is $0.58 per share, reflecting a dividend yield of 2.14% [4]