Be sure to check out our detailed stock analysis (click here). When looking for solid dividend-paying stocks, Aflac (NYSE: AFL) should be on every investors list. This Dividend Aristocrat also happens to be rather cheap.
The list of Dividend Aristocrats include companies that have raised their dividend payouts to shareholders every single year for at least a quarter-century -- this exclusive list only includes a few dozen stocks. Aflac upped its dividend payment by 6.1% in late 2012, marking the 30th consecutive year of dividend increases.
Aflac has managed to grow its dividend payment by an annualized rate of 7.8% over the last five years, currently paying a 2.8% dividend yield. What's more is that Aflac outshines many of its insurance peers with respect to generating returns for shareholders