Aflac (AFL) is a well-known insurance company that has proven to be a very reliable dividend payer over the years. The company has increased its dividend for 33 consecutive years and has plenty of room for continued dividend growth.
The insurance business has many attractive characteristics, but AFL's high exposure to Japan has served as a meaningful headwind over the past few years. The stock currently trades at less than 10x forward earnings, and we hold the stock in our Top 20 Dividend Stocks portfolio.
Aflac Business Overview
AFL is the number one provider of individual voluntary insurance products at the worksite in the U.S. and protects one in four households in Japan....

