Aflac Incorporated (NYSE:AFL – Get Free Report) announced a quarterly dividend on Thursday, August 6th. Aflac has increased its dividend by an average of 0.2%per year over the last three years and has increased its dividend every year for the last 44 years. Aflac has a dividend payout ratio of 34.1% indicating that its dividend is sufficiently covered by earnings. Get Aflac alerts:Aflac Stock PerformanceShares of AFL stock traded down $1.99 on Friday, reaching $124.67. Based on data from MarketBeat, Aflac currently has an average rating of “Hold” and an average target price of $116.25.