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PART II
29
ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER
PURCHASES OF EQUITY SECURITIES
Market Information
Aflac Incorporated's common stock is principally traded on the New York Stock Exchange under the symbol AFL.
Our stock is also listed on the Tokyo Stock Exchange. The quarterly high and low market prices for the Company's
common stock, as reported on the New York Stock Exchange for the two years ended December 31 were as follows:
Quarterly Common Stock Prices
2016
High
Low
4th Quarter
$ 73.95
$ 67.50
3rd Quarter
74.50
71.02
2nd Quarter
72.17
62.59
1st Quarter
64.33
54.57
2015
High
Low
4th Quarter
$ 66.53
$ 56.78
3rd Quarter
64.99
51.41
2nd Quarter
65.10
61.32
1st Quarter
64.62
56.41
Holders
As of February 15, 2017, there were 87,228 holders of record of the Company's common stock.
Dividends
2016
2015
4th Quarter
$ .43
$ .41
3rd Quarter
.41
.39
2nd Quarter
.41
.39
1st Quarter
.41
.39
In January 2017, the board of directors declared the first quarter 2017 cash dividend of $.43 per share. The
dividend is payable on March 1, 2017 to shareholders of record at the close of business on February 15, 2017. The
declaration and payment of future dividends to holders of our common stock will be at the discretion of our board of
directors and will depend upon many factors, including our financial condition, earnings, capital requirements of our
operating subsidiaries, legal requirements, regulatory constraints and other factors as the board of directors deems
relevant. There can be no assurance that we will declare and pay any additional or future dividends. For information
concerning dividend restrictions, see Regulatory Restrictions in the Capital Resources and Liquidity section of MD&A
and Note 13 of the Notes to the Consolidated Financial Statements presented in this report.