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

Rhea-AI Summary

Lincoln Financial Group (NYSE:LNC) declared a quarterly cash dividend of $0.42 per share on common stock, payable on May 3, 2021, to shareholders of record by the close of business on April 12, 2021. This move reflects the company's commitment to returning value to shareholders even amid challenging market conditions.

As of December 31, 2020, Lincoln Financial had $303 billion in account values, demonstrating robust financial health.

Positive

• Dividend declaration of $0.42 per share signals confidence in financial stability.
• Strong account values of $303 billion as of December 31, 2020, indicating solid market position.

Negative

• None.

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation declared a quarterly cash dividend of $0.42 per share on the corporation’s common stock. The dividend on the common stock will be payable May 3, 2021 to shareholders of record at the close of business on April 12, 2021.

About Lincoln Financial Group

Lincoln Financial Group provides advice and solutions that help people take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, and guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $303 billion in end-of-period account values as of December 31, 2020. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, we earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index, and rank among Forbes’ World’s Best Employers, Best Large Employers, Best Employers for Diversity, and Best Employers for Women, and Newsweek’s Most Responsible Companies. Learn more at: www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210218005647/en/

FAQ

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

The declared dividend amount is $0.42 per share.

When will the dividend be paid to shareholders of Lincoln National Corporation (LNC)?

The dividend will be payable on May 3, 2021.

What is the record date for the dividend of Lincoln Financial Group (LNC)?

The record date for the dividend is April 12, 2021.

How much in account values did Lincoln Financial Group report as of December 31, 2020?

Lincoln Financial Group reported $303 billion in account values as of December 31, 2020.

What does the dividend declaration mean for Lincoln Financial Group (LNC) shareholders?

The dividend declaration indicates the company's confidence in its financial stability and commitment to returning value to shareholders.