On a year over year basis, Aflac (AFL) increased its quarterly dividend 29.7%. The new dividend increases to 24 cents per share versus 18.5 cents per share in the same period last year. Aflac's recent dividend history is detailed below.
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Aflac's estimated payout ratio is approximately 25% based on 2008 estimated earnings of $3.87. The five year average payout ratio is 19%. The company carries an S&P Quality Ranking of A.
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