Lincoln National Corporation';s Board of Directors Declares Quarterly Cash Dividend

Rhea-AI Summary

Lincoln Financial Group (NYSE: LNC) has announced that its board of directors has declared a quarterly cash dividend of $0.45 per share on the ’s common stock. This dividend will be payable on August 1, 2024, to shareholders of record as of the close of business on July 10, 2024.

Positive

• Quarterly dividend of $0.45 per share indicates financial stability.
• Dividend payout date set for August 1, 2024, providing income to shareholders.

Negative

• No information on revenue or profit growth in the announcement.
• Dividend sustainability not discussed amidst uncertain financial climates.

RADNOR, Pa.--(BUSINESS WIRE)-- Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.45 per share on the corporation’s common stock. The dividend on the common stock will be payable August 1, 2024 to shareholders of record at the close of business on July 10, 2024.

About Lincoln Financial Group
Lincoln Financial Group helps people to plan, protect and retire with confidence. As of December 31, 2023, approximately 17 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection, and retirement plan services. As of March 31, 2024, the company had $310 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. Learn more at LincolnFinancial.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240523547448/en/

Tina Madon

445-280-0488

Investor Relations

Tina.Madon@LFG.com

Sarah Boxler

215-495-8439

Media Relations

Sarah.Boxler@LFG.com

Source: Lincoln Financial Group

FAQ

What is the quarterly dividend declared by Lincoln Financial Group (LNC)?

Lincoln Financial Group's board of directors declared a quarterly cash dividend of $0.45 per share.

When is the LNC dividend payable?

The dividend is payable on August 1, 2024.

Who is eligible for the LNC dividend?

Shareholders of record at the close of business on July 10, 2024, are eligible.