2022 Week 19: Aflac (NYSE: AFL)

Portfolio Update

The FiveTwenty portfolio received $180.49 in dividends in the past week. BMY, GD, T, and VZ paid their quarterly dividend during the week.

Past Week Dividend$180.49
Current Quarter Dividend (Q2 2022)$363.60
LifeTime Dividend$3,648.27
Estimated Annual Dividend$5,093.82
Dividend Scorecard

The capital allocation for the week of 05/08/2022 to 05/14/2022 will be used to add to our position in Aflac (NYSE: AFL)

AFL – Position Update

Since our last check-in on AFL in week 18 of 2022, there have not been any significant developments for the company. The share price increased 1.6% from $57.28 to $58.23 during the period.

TTMPrev. Update10-year median
Dividend Streak39 years39 years
Yield (TTM)2.39%2.43%2.34%
Payout Ratio23.88%123.88%1
Entry Criteria Scorecard

1 computed using TTM adjusted EPS of $5.82 as of Q1 2022.

Q1 2022 earnings report

Did AFL’s latest earnings report raise any warning flags?

We discussed AFL’s financial performance in our previous updated.

Overall, revenues fell 10.2%, adjusted net income decreased 12.4%, and adjusted EPS were 7.2% lower.

(in millions)
Net Income
(in millions)
Q1 2021$5,869$1,058$1.53
Q1 2022$5,272$963$1.42
% Change(10.2)%(12.4)%(7.2)%

Additional noteworthy developments during the quarter:

  • None


Why are we adding to our position in AFL?

With no significant developments for AFL since ourĀ last check-in, our investment thesis remains the same.

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Photo by Viktor Talashuk on Unsplash