We were also pleased with our sales force expansion in the quarter. As expected, recruiting remained lower than a year ago. However, we still recruited approximately 6,200 new sales associates in the third quarter, bringing the number of newly recruited sales associates to more than 18,600 for the first nine months of the year. The total number of licensed sales associates at the end of September rose 5.4% over a year ago. Most importantly, the number of producing sales associates again increased in line with our expectations. On an average weekly basis, the number of producing associates was up 5.0% to approximately 10,700 in the third quarter. For the first nine months, the number of average weekly producing associates rose 6.1% over a year ago.
The board of directors declared the fourth quarter cash dividend. The fourth quarter dividend of $.205 per share is payable on December 3, 2007, to shareholders of record at the close of business on November 16, 2007.
Commenting on the company's third quarter results, Chairman and Chief Executive Officer Daniel P. Amos stated: "I am very pleased with Aflac's performance during the third quarter and for the first nine months of 2007. Throughout this year, our operations in Japan and the United States have met or exceeded our expectations.
"Aflac Japan has produced steady revenue growth and expanding profit
margins in 2007. As a result, Aflac Japan continued to generate strong
|SOURCE Aflac Incorporated|
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