Aflac Incorporated (NYSE:AFL) is included among the 10 Best Dividend Stocks to Buy for Retirement.
A nurse talking on the phone with a client while assisting them in filling out paperwork for a medical insurance policy, demonstrating the company's dedication to customer service.
Aflac Incorporated (NYSE:AFL) stands out as a major player in the supplemental insurance market in both the United States and Japan, offering policies related to life, cancer, and general health coverage. Its operations in Japan play a particularly important role in driving overall profits. The company’s growth strategy centers on enhancing its product lineup, introducing innovations, and strengthening its sales reach through strategic partnerships.
In the first quarter of 2025, Aflac Japan maintained a strong premium persistency rate of 93.8% and achieved a 12.6% year-over-year increase in sales. Aflac Incorporated (NYSE:AFL) has continued to emphasize its third sector offerings, particularly the new cancer insurance product, Miraito. These policies are also being introduced to a younger customer base through Tsumitasu, a first-sector product.
In the United States, Aflac Incorporated (NYSE:AFL) reported a premium persistency rate of 79.3%. It also recorded a 1.8% increase in net earned premiums and a 3.5% rise in overall sales, reflecting steady performance in the domestic market.
Aflac Incorporated (NYSE:AFL) offers a quarterly dividend of $0.58 per share and has a dividend yield of 2.35%, as recorded on July 30. AFL is one of the best dividend stocks for retirement, as the company holds a 42-year streak of consistent dividend growth.
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