AFL dividend analysis

AFL dividend deep dive

AFL pays $13.82 per share annually, a 7.20% yield against the current price. The 62% payout sits above the 60% threshold that's the conventional comfort zone for ongoing distribution growth.

Quality + Risk pillar breakdown on the AFL dividend: Quality 67, Risk -10, composite safety 62/100. The Risk pillar specifically captures balance-sheet leverage and earnings volatility, both of which weigh on the distribution's durability through cycles.

AFL reinvested-yield math, holding TTM yield (7.20%) and 5y CAGR (13.2%) constant: 5/10/20-year cumulative income totals 48.0% / 118.9% / 379.3%.

Sector dividend comp for AFL: KO (5.00%), PG (1.50%), PEP (2.90%) (mean 3.13%). On the trailing TTM line, AFL pays 7.20% — a +4.07-pp gap to the cohort mean.

AFL dividend calendar: ex-date 2026-03-01, pay date 2026-03-15. The pattern is quarterly, which means four payments per year at the current $3.455 per quarter run-rate.

Bottom line on AFL: 7.20% TTM yield + 13.2% growth + 62/100 safety. The forward question is whether the 62% payout ratio leaves enough free cash flow for continued growth at the current pace.