Aflac Inc (AFL) Dividend
Dividend Aristocrat — 40 consecutive years of dividend increases.
Aflac Inc (AFL) currently pays a dividend yield of 1.96%, distributing $2.44 per share annually ($0.61 per quarter). The company operates in the Financial Services sector.
AFL has raised its dividend for 40 consecutive years, making it a Dividend Aristocrat — an S&P 500 company with at least 25 straight years of dividend increases.
AFL dividend at a glance
| Dividend Yield | 1.96% |
|---|---|
| Annual Dividend | $2.44 per share |
| Per Payment | $0.61 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | August 20, 2026 |
| Next Payment Date | August 30, 2026 |
| Payout Ratio | 27% |
| Consecutive Years of Dividend Growth | 40 |
| Sector | Financial Services |
| Implied Share Price (from yield) | $124.49 |
What AFL pays on a $10,000 investment
At a 1.96% yield, $10,000 invested in AFL generates about $196.00 per year, or roughly $49.00 every quarter. Share counts below use an implied price of $124.49, derived from the $2.44 annual dividend and the 1.96% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 8 | $19.60 | $4.90 |
| $5,000 | 40.2 | $98.00 | $24.50 |
| $10,000 | 80.3 | $196.00 | $49.00 |
| $25,000 | 200.8 | $490.00 | $122.50 |
| $100,000 | 803.3 | $1,960.00 | $490.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
AFL dividend payment schedule
AFL pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is August 20, 2026, with payment on August 30, 2026. Later rows are projected forward at the same interval and will shift when Aflac Inc declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| August 20, 2026 | August 30, 2026 | $0.61 | Confirmed |
| November 20, 2026 | November 30, 2026 | $0.61 | Projected |
| February 20, 2027 | March 2, 2027 | $0.61 | Projected |
| May 20, 2027 | May 30, 2027 | $0.61 | Projected |
To collect a AFL dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How AFL's dividend compares
Across the 587 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.81%. AFL's 1.96% is 1.85 percentage points below that median, ranking 417th of 587 by yield.
Within Financial Services, where we track 102 names, the median yield is 8.47% — putting AFL below its sector.
Its 40-year run of dividend increases ranks 31st out of the 362 names in our data with an active growth streak.
What the numbers mean
AFL pays out roughly 27% of its earnings as dividends. That is a conservative payout ratio, leaving substantial room to keep raising the dividend or absorb a weak year.
Like most US dividend payers, AFL distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
AFL dividend FAQ
When is the next AFL ex-dividend date?
The next AFL ex-dividend date is August 20, 2026, with the payment scheduled for August 30, 2026. You must own shares before the ex-dividend date to receive that payment.
What is AFL's dividend yield?
AFL currently yields 1.96%, based on $2.44 in dividends per share over the past year.
How often does AFL pay dividends?
AFL pays quarterly, which works out to 4 payments per year of about $0.61 per share.
How much dividend income would $10,000 of AFL generate?
At the current 1.96% yield, $10,000 invested in AFL would produce roughly $196.00 per year, or about $49.00 per quarter, before taxes and assuming the dividend holds.
Has AFL increased its dividend?
Yes — AFL has raised its dividend for 40 consecutive years. That makes it a Dividend Aristocrat.
AFL dividend history
DivTrkr holds 168 recorded AFL dividend payments going back to 1984, with 15 consecutive complete years of increases and +15.7% a year of growth over the last five complete years. See the full AFL dividend history — every payment, annual totals and growth by year.
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Track AFL dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.