Throughout the year 2014, I bought a lot (relatively speaking) of Aflac Incorporated (AFL) in my regular retirement savings account and in my taxable account. I had to sell a little in 2017 to take care of some expenses, but I still have most of my original shares.
Now have added more AFL to my holdings, since I have just added it to the nonPension portfolio.
Aflac is one of many companies that have decided to pay significantly higher dividends since the new tax rates went into effect. This is good news, since for several years AFL dividend raises have been rather small until the big move up earlier this year.
It has been about a decade since AFL's P/E ratio was at 15 or higher. The price keeps trying to reach for that elusive P/E level. If the P/E reaches 15 in the near future, AFL will present a nice paper profit in the portfolio.
This new purchase of 11 shares will increase my average monthly dividend by 95 cents.
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