NEW YORK (AP) — Aflac Inc. on Wednesday posted an 8 percent rise in third-quarter net income, reaping the benefit of a stronger yen.
The company does a significant portion of its business in Japan, so a stronger yen means its revenue there brings in more dollars.
Aflac, which provides disability and supplemental insurance primarily in Japan and the U.S., also hiked its fourth-quarter dividend to 33 cents per share, up from 30 cents per share.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
