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.
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