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

Aflac Incorporated (NYSE:AFL) is included among the 11 Cheap Quarterly Dividend Stocks to Buy Right Now.

Aflac Incorporated (NYSE:AFL) is an American insurance company, and its main business focuses on supplemental health and life insurance. It is especially recognized for policies that provide cash benefits directly to policyholders, such as cancer, medical, and accident coverage in Japan, and accident, critical illness, dental, and disability insurance in the U.S. Japan is a vital market for the company, where it is the largest provider of cancer and medical insurance products, mainly through “third sector” plans, which refer to health-related coverage outside of government programs.

Aflac Incorporated (NYSE:AFL)’s long-term success is driven by its focus on product innovation, strong partnerships in Japan, and ongoing investments in technology and digital transformation in the US. These initiatives, along with disciplined capital allocation such as share repurchases and steady dividend growth, reinforce the company’s overall financial strength.

Aflac Incorporated (NYSE:AFL) is one of the best cheap quarterly dividend stocks, as the company has raised its payouts for 42 years in a row. The company offers a quarterly dividend of $0.58 per share and has a dividend yield of 2.14%, as of September 23.

While we acknowledge the potential of AFL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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