Aflac Inc. (AFL) (American Family Life Assurance Company) is an American insurance company and is the largest provider of supplemental insurance in the United States, founded in 1955 and based in Columbus, Georgia. In the U.S., Aflac underwrites a wide range of insurance policies, but is perhaps more known for its payroll deduction insurance coverage, which pays cash benefits when a policyholder has a covered accident or illness. The company states it "provides financial protection to more than 50 million people worldwide." In 2009, Aflac acquired Continental American Insurance Company for $100 million; this enabled Aflac to sell supplemental insurance on both the individual and group platform . As of June 30, 2012, Aflac was represented by approximately 19,300 sales agencies in Japan, and 76,900 licensed sales associates in the U.S.
Reported after close today (4/26/16) Earnings: EPS $1.73 Revenue $5.45B Estimates: EPS $1.62 Revenue $5.26B Down 0.66% after hours
Upcoming dividend information: Ex-Div-Date: 11/14/16 Payment Date: 12/1/16 Dividend: $0.43 Current Price: $68.56 Annual Yield: 2.39%
Shares of Aflac fell after the insurance company’s results significantly missed estimates on a drop in premiums in Japan.
