Dividend Aristocrats in Focus Part 12: Aflac

Dividend Aristocrats in Focus Part 12: Aflac·GuruFocus.com

- By Ben Reynolds

Aflac (AFL) has a long operating history and is a giant in the insurance industry. Today, it provides insurance products to more than 50 million people worldwide.

But it wasn't always so big...

In 1955, John Amos and his brothers Paul and Bill thought of an idea to sell insurance products that paid cash if a policyholder got sick or injured. At that time, workplace injuries that resulted in disability were common, yet no product existed to help remedy this.

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