15 Best Stocks To Invest In For Retirement

Page 2 of 13

12. Aflac Incorporated (NYSE:AFL)

Dividend Yield as of February 19: 2.23%

Number of Hedge Fund Holders: 31

Founded in 1955, Aflac Incorporated (NYSE:AFL) is headquartered in Columbus, Georgia. The company provides supplemental health and life insurance. In Japan, it offers coverage for cancer, medical expenses, nursing care, and life insurance. In the United States, Aflac provides insurance for cancer, accidents, disability, critical illness, hospital stays, dental, vision, and life. The stock has climbed nearly 32% in the last 12 months and offers a dividend yield of 2.23% as of February 19. It is one of the best stocks to buy for retirement.

Aflac Incorporated (NYSE:AFL) had a strong Q4 2024, with revenue jumping to $5.4 billion from $3.8 billion last year. Net earnings came in at $1.9 billion, or $3.42 per share, a huge leap from $268 million, or $0.46 per share, in Q4 2023, driven largely by $1 billion in investment gains. The board announced a $0.58 quarterly dividend per share, payable on March 3, 2025. The company bought back $750 million in shares and still has authorization for repurchases of 47.3 million more shares.

Among the hedge funds tracked by Insider Monkey in Q4, 31 funds were long Aflac Incorporated (NYSE:AFL), compared to 32 funds in Q3.

Page 2 of 13