Aflac Incorporated (AFL) Dividend History
AFL latest dividend
$0.61last dividend per share
Ex-dividend dateAug 19Wednesday, 2026
Payment dateSep 1Tuesday, 2026
The next dividend has not been announced yet.
- 38 yearsof dividend increases
- 1984paying since
- Quarterly4 payments a year
- +15.7%5-year growth a year
- 2.03%forward yield
AFL dividend income calculator
- Dividend income a year
- $244
- Each payment
- $61
- Value of the shares
- $11,997
- Dividend yield
- 2.03%
At the latest close; forward annual dividend $2.44 per share, before tax.
AFL dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
AFL dividend safety
Payout ratio (earnings)31.9%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)46.9%
Well covered · of fiscal 2025 free cash flow
Dividend growth (5 years)+15.7%
Growing · a year on average
Years of increases38
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
AFL yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $107.71 | 2.27% | $2.41 | 2.2% |
| 3 years ago | $80.35 | 3.04% | $6.57 | 8.2% |
| 5 years ago | $55.16 | 4.42% | $9.76 | 17.7% |
| 10 years ago | $35.15 | 6.94% | $15.07 | 42.9% |
| 20 years ago | $22.59 | 10.80% | $21.32 | 94.3% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
AFL dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
AFL dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $2.32 | +16.0% | 2.10% | 4 |
| 2024 | $2.00 | +19.0% | 1.93% | 4 |
| 2023 | $1.68 | +5.0% | 2.04% | 4 |
| 2022 | $1.60 | +21.2% | 2.22% | 4 |
| 2021 | $1.32 | +17.9% | 2.26% | 4 |
| 2020 | $1.12 | +3.7% | 2.52% | 4 |
| 2019 | $1.08 | +3.8% | 2.04% | 4 |
| 2018 | $1.04 | +19.5% | 2.28% | 4 |
| 2017 | $0.87 | +4.8% | 1.98% | 4 |
| 2016 | $0.83 | +5.1% | 2.39% | 4 |
| 2015 | $0.79 | +5.3% | 2.64% | 4 |
| 2014 | $0.75 | +5.6% | 2.46% | 4 |
| 2013 | $0.71 | +6.0% | 2.13% | 4 |
| 2012 | $0.67 | +8.9% | 2.52% | 4 |
| 2011 | $0.61 | +7.9% | 2.84% | 4 |
| 2010 | $0.57 | +1.8% | 2.02% | 4 |
| 2009 | $0.56 | +16.7% | 2.42% | 4 |
| 2008 | $0.48 | +20.0% | 2.09% | 4 |
| 2007 | $0.40 | +45.5% | 1.28% | 4 |
| 2006 | $0.28 | — | 1.20% | 4 |
AFL dividend history
170 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-08-19 | 2026-09-01 | $0.61 | — | Quarterly |
| 2026-05-20 | 2026-06-01 | $0.61 | — | Quarterly |
| 2026-02-18 | 2026-03-02 | $0.61 | +5.2% | Quarterly |
| 2025-11-19 | 2025-12-01 | $0.58 | — | Quarterly |
| 2025-08-20 | 2025-09-02 | $0.58 | — | Quarterly |
| 2025-05-21 | 2025-06-02 | $0.58 | — | Quarterly |
| 2025-02-19 | 2025-03-03 | $0.58 | +16.0% | Quarterly |
| 2024-11-20 | 2024-12-02 | $0.5 | — | Quarterly |
| 2024-08-21 | 2024-09-02 | $0.5 | — | Quarterly |
| 2024-05-21 | 2024-06-03 | $0.5 | — | Quarterly |
| 2024-02-20 | 2024-03-01 | $0.5 | +19.0% | Quarterly |
| 2023-11-14 | 2023-12-01 | $0.42 | — | Quarterly |
| 2023-08-22 | 2023-09-01 | $0.42 | — | Quarterly |
| 2023-05-16 | 2023-06-01 | $0.42 | — | Quarterly |
| 2023-02-14 | 2023-03-01 | $0.42 | +5.0% | Quarterly |
| 2022-11-15 | 2022-12-01 | $0.4 | — | Quarterly |
Show all 170 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-08-23 | 2022-09-01 | $0.4 | — | Quarterly |
| 2022-05-17 | 2022-06-01 | $0.4 | — | Quarterly |
| 2022-02-15 | 2022-03-01 | $0.4 | +21.2% | Quarterly |
| 2021-11-16 | 2021-12-01 | $0.33 | — | Quarterly |
| 2021-08-17 | 2021-09-01 | $0.33 | — | Quarterly |
| 2021-05-18 | 2021-06-01 | $0.33 | — | Quarterly |
| 2021-02-16 | 2021-03-01 | $0.33 | +17.9% | Quarterly |
| 2020-11-17 | 2020-12-01 | $0.28 | — | Quarterly |
| 2020-08-18 | 2020-09-01 | $0.28 | — | Quarterly |
| 2020-05-19 | 2020-06-01 | $0.28 | — | Quarterly |
| 2020-02-18 | 2020-03-02 | $0.28 | +3.7% | Quarterly |
| 2019-11-19 | 2019-12-02 | $0.27 | — | Quarterly |
| 2019-08-20 | 2019-09-03 | $0.27 | — | Quarterly |
| 2019-05-21 | 2019-06-03 | $0.27 | — | Quarterly |
| 2019-02-19 | 2019-03-01 | $0.27 | +3.8% | Quarterly |
| 2018-11-20 | 2018-12-03 | $0.26 | — | Quarterly |
| 2018-08-21 | 2018-09-01 | $0.26 | — | Quarterly |
| 2018-05-22 | 2018-06-01 | $0.26 | — | Quarterly |
| 2018-02-20 | 2018-03-01 | $0.26 | +15.6% | Quarterly |
| 2017-11-14 | 2017-12-01 | $0.225 | +4.7% | Quarterly |
| 2017-08-21 | 2017-09-01 | $0.215 | — | Quarterly |
| 2017-05-22 | 2017-06-01 | $0.215 | — | Quarterly |
| 2017-02-13 | 2017-03-01 | $0.215 | — | Quarterly |
| 2016-11-14 | 2016-12-01 | $0.215 | +4.9% | Quarterly |
| 2016-08-22 | 2016-09-01 | $0.205 | — | Quarterly |
| 2016-05-16 | 2016-06-01 | $0.205 | — | Quarterly |
| 2016-02-11 | 2016-03-01 | $0.205 | — | Quarterly |
| 2015-11-16 | 2015-12-01 | $0.205 | +5.1% | Quarterly |
| 2015-08-17 | 2015-09-01 | $0.195 | — | Quarterly |
| 2015-05-18 | 2015-06-01 | $0.195 | — | Quarterly |
| 2015-02-12 | 2015-03-02 | $0.195 | — | Quarterly |
| 2014-11-17 | 2014-12-01 | $0.195 | +5.4% | Quarterly |
| 2014-08-18 | 2014-09-02 | $0.185 | — | Quarterly |
| 2014-05-19 | 2014-06-02 | $0.185 | — | Quarterly |
| 2014-02-12 | 2014-03-03 | $0.185 | — | Quarterly |
| 2013-11-18 | 2013-12-02 | $0.185 | +5.7% | Quarterly |
| 2013-08-19 | 2013-09-03 | $0.175 | — | Quarterly |
| 2013-05-20 | 2013-06-03 | $0.175 | — | Quarterly |
| 2013-02-13 | 2013-03-01 | $0.175 | — | Quarterly |
| 2012-11-09 | 2012-12-03 | $0.175 | +6.1% | Quarterly |
| 2012-08-13 | 2012-09-04 | $0.165 | — | Quarterly |
| 2012-05-14 | 2012-06-01 | $0.165 | — | Quarterly |
| 2012-02-13 | 2012-03-01 | $0.165 | — | Quarterly |
| 2011-11-14 | 2011-12-01 | $0.165 | +10.0% | Quarterly |
| 2011-08-15 | 2011-09-01 | $0.15 | — | Quarterly |
| 2011-05-16 | 2011-06-01 | $0.15 | — | Quarterly |
| 2011-02-11 | 2011-03-01 | $0.15 | — | Quarterly |
| 2010-11-15 | 2010-12-01 | $0.15 | +7.1% | Quarterly |
| 2010-08-16 | 2010-09-01 | $0.14 | — | Quarterly |
| 2010-05-17 | 2010-06-01 | $0.14 | — | Quarterly |
| 2010-02-11 | 2010-03-01 | $0.14 | — | Quarterly |
| 2009-11-16 | 2009-12-01 | $0.14 | — | Quarterly |
| 2009-08-17 | 2009-09-01 | $0.14 | — | Quarterly |
| 2009-05-18 | 2009-06-01 | $0.14 | — | Quarterly |
| 2009-02-13 | 2009-03-02 | $0.14 | +16.7% | Quarterly |
| 2008-11-17 | 2008-12-01 | $0.12 | — | Quarterly |
| 2008-08-18 | 2008-09-02 | $0.12 | — | Quarterly |
| 2008-05-19 | 2008-06-02 | $0.12 | — | Quarterly |
| 2008-02-15 | 2008-03-03 | $0.12 | +17.1% | Quarterly |
| 2007-11-14 | 2007-12-03 | $0.1025 | — | Quarterly |
| 2007-08-15 | 2007-09-04 | $0.1025 | — | Quarterly |
| 2007-05-16 | 2007-06-01 | $0.1025 | +10.8% | Quarterly |
| 2007-02-14 | 2007-03-01 | $0.0925 | +15.6% | Quarterly |
| 2006-11-15 | 2006-12-01 | $0.08 | +23.1% | Quarterly |
| 2006-08-16 | 2006-09-01 | $0.065 | — | Quarterly |
| 2006-05-17 | 2006-06-01 | $0.065 | — | Quarterly |
| 2006-02-15 | 2006-03-01 | $0.065 | +18.2% | Quarterly |
| 2005-11-16 | 2005-12-01 | $0.055 | — | Quarterly |
| 2005-08-17 | 2005-09-01 | $0.055 | — | Quarterly |
| 2005-05-18 | 2005-06-01 | $0.055 | — | Quarterly |
| 2005-02-16 | 2005-03-01 | $0.055 | +15.8% | Quarterly |
| 2004-11-09 | 2004-12-01 | $0.0475 | — | Quarterly |
| 2004-08-11 | 2004-09-01 | $0.0475 | — | Quarterly |
| 2004-05-12 | 2004-06-01 | $0.0475 | — | Quarterly |
| 2004-02-11 | 2004-03-01 | $0.0475 | +18.8% | Quarterly |
| 2003-11-10 | 2003-12-01 | $0.04 | — | Quarterly |
| 2003-08-12 | 2003-09-02 | $0.04 | +14.3% | Quarterly |
| 2003-05-13 | 2003-06-02 | $0.035 | — | Quarterly |
| 2003-02-12 | 2003-03-03 | $0.035 | +16.7% | Quarterly |
| 2002-11-12 | 2002-12-02 | $0.03 | — | Quarterly |
| 2002-08-13 | 2002-09-03 | $0.03 | — | Quarterly |
| 2002-05-14 | 2002-06-03 | $0.03 | +20.0% | Quarterly |
| 2002-02-12 | 2002-03-01 | $0.025 | — | Quarterly |
| 2001-11-13 | 2001-12-03 | $0.025 | — | Quarterly |
| 2001-08-14 | 2001-09-04 | $0.025 | — | Quarterly |
| 2001-05-15 | 2001-06-01 | $0.025 | +17.6% | Quarterly |
| 2001-02-13 | 2001-03-01 | $0.0213 | — | Quarterly |
| 2000-11-14 | 2000-12-01 | $0.0213 | — | Quarterly |
| 2000-08-15 | 2000-09-01 | $0.0213 | — | Quarterly |
| 2000-05-16 | 2000-06-01 | $0.0213 | +13.3% | Quarterly |
| 2000-02-15 | 2000-03-01 | $0.0187 | — | Quarterly |
| 1999-11-16 | 1999-12-01 | $0.0187 | — | Quarterly |
| 1999-08-17 | 1999-09-01 | $0.0187 | — | Quarterly |
| 1999-05-18 | 1999-06-01 | $0.0187 | +15.4% | Quarterly |
| 1999-02-16 | 1999-03-01 | $0.0163 | — | Quarterly |
| 1998-11-17 | 1998-12-01 | $0.0163 | — | Quarterly |
| 1998-08-18 | 1998-09-01 | $0.0163 | — | Quarterly |
| 1998-05-19 | 1998-06-01 | $0.0163 | +13.0% | Quarterly |
| 1998-02-17 | 1998-03-02 | $0.0144 | — | Quarterly |
| 1997-11-18 | 1997-12-01 | $0.0144 | — | Quarterly |
| 1997-08-19 | 1997-09-02 | $0.0144 | — | Quarterly |
| 1997-05-20 | 1997-06-02 | $0.0144 | +15.0% | Quarterly |
| 1997-02-18 | 1997-03-03 | $0.0125 | — | Quarterly |
| 1996-11-13 | 1996-12-02 | $0.0125 | — | Quarterly |
| 1996-08-14 | 1996-09-03 | $0.0125 | — | Quarterly |
| 1996-05-15 | 1996-06-03 | $0.0125 | +15.4% | Quarterly |
| 1996-02-14 | 1996-03-01 | $0.0108 | — | Quarterly |
| 1995-11-15 | 1995-12-01 | $0.0108 | — | Quarterly |
| 1995-08-16 | 1995-09-01 | $0.0108 | — | Quarterly |
| 1995-05-15 | 1995-06-01 | $0.0108 | +13.0% | Quarterly |
| 1995-02-13 | 1995-03-01 | $0.0096 | — | Quarterly |
| 1994-11-14 | 1994-12-01 | $0.0096 | — | Quarterly |
| 1994-08-15 | 1994-09-01 | $0.0096 | — | Quarterly |
| 1994-05-16 | 1994-06-01 | $0.0096 | +15.0% | Quarterly |
| 1994-02-14 | 1994-03-01 | $0.0083 | — | Quarterly |
| 1993-11-05 | 1993-12-01 | $0.0083 | — | Quarterly |
| 1993-08-09 | 1993-09-01 | $0.0083 | — | Quarterly |
| 1993-05-10 | 1993-06-01 | $0.0083 | +13.6% | Quarterly |
| 1993-02-08 | 1993-03-01 | $0.0073 | — | Quarterly |
| 1992-11-06 | 1992-12-01 | $0.0073 | — | Quarterly |
| 1992-08-10 | 1992-09-01 | $0.0073 | — | Quarterly |
| 1992-05-11 | 1992-06-01 | $0.0073 | +9.9% | Quarterly |
| 1992-02-10 | 1992-03-02 | $0.0067 | — | |
| 1991-11-08 | 1991-12-02 | $0.0067 | +11.2% | |
| 1991-08-12 | 1991-09-03 | $0.006 | — | |
| 1991-05-13 | 1991-06-03 | $0.006 | — | |
| 1991-02-11 | 1991-03-01 | $0.006 | — | |
| 1990-11-09 | 1990-12-03 | $0.006 | +12.6% | |
| 1990-08-13 | 1990-09-04 | $0.0053 | — | |
| 1990-05-14 | 1990-06-01 | $0.0053 | — | |
| 1990-02-12 | 1990-03-01 | $0.0053 | — | |
| 1989-11-13 | 1989-12-01 | $0.0053 | +14.1% | |
| 1989-08-14 | 1989-09-01 | $0.0047 | — | |
| 1989-05-15 | 1989-06-01 | $0.0047 | — | |
| 1989-02-13 | 1989-03-01 | $0.0047 | — | |
| 1988-11-14 | 1988-12-01 | $0.0047 | +16.8% | |
| 1988-08-08 | 1988-09-01 | $0.004 | — | |
| 1988-05-09 | 1988-06-01 | $0.004 | — | |
| 1988-02-08 | 1988-03-01 | $0.004 | — | |
| 1987-11-09 | 1987-12-01 | $0.004 | +9.0% | |
| 1987-08-10 | 1987-09-01 | $0.0037 | — | |
| 1987-05-11 | 1987-06-01 | $0.0037 | — | |
| 1987-02-09 | 1987-03-02 | $0.0037 | — | |
| 1986-11-10 | — | $0.0037 | +10.2% | |
| 1986-08-11 | — | $0.0033 | — | |
| 1986-05-09 | — | $0.0033 | +33.2% | |
| 1986-02-04 | — | $0.0025 | −96.9% | |
| 1986-02-03 | — | $0.0804 | +2,580.0% | |
| 1985-11-08 | — | $0.003 | — | |
| 1985-08-09 | — | $0.003 | +50.0% | |
| 1985-05-09 | — | $0.002 | −25.1% | |
| 1985-02-08 | — | $0.0027 | — | |
| 1984-10-22 | — | $0.0027 | +17.6% | |
| 1984-08-09 | — | $0.0023 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
AFL stock split history
- 2:1March 19, 2018
- 2:1March 19, 2001
- 2:1June 9, 1998
- 3:2March 18, 1996
- 5:4June 15, 1993
- 2:1February 3, 1987
- 4:3March 3, 1986
- 3:2June 4, 1985
- 11:10October 22, 1984
- 6:5December 14, 1983
AFL dividend overview
Aflac pays an annual dividend of $2.44 per share, a yield of 2.03% at the latest close, paid quarterly. It paid $2.32 per share in 2025, up 16.0% from 2024. It has raised its dividend for 38 consecutive years. Over five years the dividend grew 15.7% a year on average and over ten years 11.4% a year. The payout ratio is 31.9% of trailing earnings.
Related: AFL cash flow statement, AFL key metrics, AFL chart. See the AFL stock overview for the latest quote and news.
AFL dividends FAQ
Does Aflac pay a dividend?
Yes. Aflac has paid a regular dividend since 1984, quarterly, most recently $0.61 per share with an ex-dividend date of August 19, 2026.
What is Aflac's dividend yield?
Aflac's forward annual dividend is $2.44 per share, a dividend yield of 2.03% at the latest close of $119.97.
How often does Aflac pay dividends?
Aflac pays dividends quarterly.
How fast is Aflac's dividend growing?
Aflac's dividend per share grew from $1.12 in 2020 to $2.32 in 2025, 15.7% a year on average over five years; it has increased for 38 years in a row.
What is Aflac's dividend payout ratio?
Aflac pays out 31.9% of its trailing earnings as dividends and 46.9% of its free cash flow (fiscal 2025).
Has Aflac split its stock?
Aflac has split its stock 10 times: 2:1 on March 19, 2018, 2:1 on March 19, 2001, 2:1 on June 9, 1998, 3:2 on March 18, 1996, 5:4 on June 15, 1993, 2:1 on February 3, 1987, 4:3 on March 3, 1986, 3:2 on June 4, 1985, 11:10 on October 22, 1984, 6:5 on December 14, 1983. Dividends per share on this page are adjusted for splits.