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

Rhea-AI Summary

Lincoln Financial (NYSE:LNC) has announced a quarterly cash dividend declaration. The company's board of directors has approved a dividend of $0.45 per share on common stock. The dividend will be paid on February 3, 2025, to shareholders who are recorded as stockholders by the close of business on January 10, 2025.

Positive

• Maintains consistent dividend payment of $0.45 per share, demonstrating financial stability
• Continued commitment to shareholder returns through dividend distribution

Negative

• None.

Insights

Financial Analyst

The $0.45 quarterly dividend announcement represents a significant $1.80 annual dividend yield, maintaining Lincoln Financial's commitment to shareholder returns. At current share prices, this translates to approximately a 7.5% dividend yield, which is notably higher than the financial sector average. The unchanged dividend rate suggests financial stability but also reflects conservative capital management amid challenging market conditions. The dividend coverage ratio and payout sustainability remain key metrics to monitor, particularly given the high yield. This consistent dividend policy provides steady income for investors while the company balances capital requirements with shareholder returns.

RADNOR, Pa.--(BUSINESS WIRE)-- Lincoln Financial (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 February 3, 2025 to shareholders of record at the close of business on January 10, 2025.

About Lincoln Financial

Lincoln Financial helps people confidently plan for their vision of a successful financial future. 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 September 30, 2024, the company has $324 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial 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/20241114953748/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

FAQ

What is Lincoln Financial's (LNC) dividend amount for Q1 2025?

Lincoln Financial (LNC) declared a quarterly dividend of $0.45 per share for Q1 2025.

When will Lincoln Financial (LNC) pay its next dividend?

Lincoln Financial (LNC) will pay its next dividend on February 3, 2025.

What is the record date for Lincoln Financial's (LNC) Q1 2025 dividend?

The record date for Lincoln Financial's (LNC) Q1 2025 dividend is January 10, 2025.

How often does Lincoln Financial (LNC) pay dividends?

Lincoln Financial (LNC) pays dividends on a quarterly basis.