Published November 19th, 2018
We analyzed each Dividend Aristocrat by looking at their earnings, dividends, maximum draw down (MDD) and stock price performance during the 2007-2009 financial crisis.
Dividend Aristocrat Aflac (AFL) is a globalized insurance company primarily selling, through its subsidiaries, supplemental health and life insurance in the U.S. and Japan. The company’s adjusted earnings-per-share performance during the Recession period (2007-2009) can be seen below:
- 2007 adjusted earnings-per-share of $3.27
- 2008 adjusted earnings-per-share of $2.62 (20% decline)
- 2009 adjusted earnings-per-share of $3.91 (49% increase)
- 2010 adjusted earnings-per-share of $5.13 (31% increase)
Aflac’s earnings experienced a 20% decline during the recession but rebounded quickly to new highs in subsequent fiscal years.
Although its earnings managed to hold up reasonably well during the recession, Aflac is one of the least recession-resistant Dividend Aristocrats, although it did continue its long history of steady dividend increases.
Aflac (AFL) stock performance 2007-2009
Aflac’s share price performance in the recession can be seen below
AFL Dividends 2007-2010
Aflac has been able to increase dividend payouts for 35 consecutive years include the 2007-2010 period:
No Data available for Dividend History.
See also the overall performance of the dividend aristocrats during recession.
Other Sources of Dividend Investment Ideas
The Dividend Aristocrats list is not the only way to quickly screen for businesses that regularly pay rising dividends.
- The Dividend Kings List is even more exclusive than the Dividend Aristocrats. It is comprised of less than 20 businesses with 50+ years of consecutive dividend increases.
- The MoneyInvestExpert Defensive Aristocrats is a performance-based top-10 selection of the Dividend Aristocrats to outperform the market on the long-term.
- Portfolio lists like the Berkshire Hathaway Portfolio or Bill Gates’stock portfolio can be a source.
- For the European focused investors there is also the list of European Dividend Aristocrats.
- Dividend Champions are not necessarily members of the S&P 500 index, have increased their dividend for 25 or more consecutive years.
- 100+ years of dividend, the list of stocks that pay over 100 year of dividend can be an list of inspiration.
Next to selecting the right dividend stocks, important principles for successful long-term investing are Disciple, Diversification, Defensive & indeed Dividend. Read more about this in our free e-book.
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