Aflac (AFL) Declares $0.43 Quarterly Dividend; 2.3% Yield

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Go back to Aflac (AFL) Declares $0.43 Quarterly Dividend; 2.3% Yield

Aflac Incorporated Announces First Quarter Results, Affirms 2017 Outlook, Declares Second Quarter Cash Dividend

April 27, 2017 4:23 PM EDT

COLUMBUS, Ga., April 27, 2017 /PRNewswire/ -- Aflac Incorporated today reported its first quarter results.

Total revenues decreased 2.6% to $5.3 billion during the first quarter of 2017, compared with $5.5 billion in the first quarter of 2016. Net earnings were $592 million, or $1.47 per diluted share, compared with $731 million, or $1.74 per share, a year ago. The decrease in revenue and net earnings reflects realized gains and losses in the comparable quarters and lower premium and investment income in the Japan segment attributable to the low-interest-rate environment.   

Net earnings in the first quarter of 2017 included pretax net losses of $129 million, or $.31... More