Aflac and VF Corp Both Recently Announced Dividend Increases

November 2, 2015

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In late October, both Aflac (ticker: AFL) and VF Corporation (ticker: VFC) announced increases in their quarterly dividends.

Aflac declared an increase in the dividend on the company’s common stock to $0.41 per quarter from $0.39, a 5.1% increase.  This is the 33rd consecutive year the company has raised its dividend.

VF Corp declared an increase in the dividend on the company’s common stock to $0.37 per quarter from $0.32, a 15.6% increase.  This is the 43rd consecutive year the company has raised its dividend.

Both Aflac and VF Corp. are stock holdings in NovaPoint Capital’s Dividend Growth Strategy.  Our Strategy seeks to own high-quality, dividend-paying stocks with track records of annual dividend increases.  Our research shows that a portfolio of companies with track records of raising their dividends has, on average, produced total returns higher than both the market and their non-dividend paying peers.  The average track record of dividend increases for companies in our current portfolio is thirty-one years.