I first wrote about Aflac Inc. AFL on May 28, 2009, at a price of $36.07, and the insurer has seen its stock cycle in a wide range this summer. But those who have endured the roller-coaster should benefit. Here's why.
Aflac's 2010 revenue will likely increase an impressive 8% to 11%, including a strong performance in Japan (a major market for Aflac, with more than 14 million policies), and gradually recovering consumer demand in the United States. Meanwhile, a $1.20 annual dividend adds to the attractive story.
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