AFLAC Inc. (Symbol: AFL) saw its shares yield over 2% on Monday, trading as low as $121.86, based on an annualized quarterly dividend of $2.44. The company’s sustained dividend growth over the past 20 years positions it as a significant player among S&P 500 companies.
Historically, dividends have contributed notably to total stock market returns. For instance, an investment in the S&P 500 ETF (SPY) at the end of 1999, despite seeing a nominal decrease in value by the end of 2012, provided a positive total return of 23.36% when factoring in $25.98 per share in dividends during that period. A yield above 2% from AFLAC appears attractive, provided it remains sustainable.
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