Lincoln National Corporation’s Board of Directors Declares Series C and Series D Preferred Stock Dividends
Lincoln Financial (NYSE:LNC) has announced dividend declarations for two preferred stock series. The board approved a semi-annual dividend of $1,156.25 per share on the 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C ($46.25 per depositary share, with each depositary share representing 1/25th interest). Additionally, a quarterly dividend of $562.50 per share was declared on the 9.000% Non-Cumulative Preferred Stock, Series D ($0.5625 per depositary share, with each depositary share representing 1/1,000th interest). Both dividends will be paid on March 1, 2025, to shareholders of record as of February 14, 2025.
Lincoln Financial (NYSE:LNC) ha annunciato le dichiarazioni di dividendi per due serie di azioni privilegiate. Il consiglio ha approvato un dividendo semestrale di $1,156.25 per azione sulla 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Serie C ($46.25 per azione depositaria, con ogni azione depositaria che rappresenta un interesse di 1/25). Inoltre, è stato dichiarato un dividendo trimestrale di $562.50 per azione sulla 9.000% Non-Cumulative Preferred Stock, Serie D ($0.5625 per azione depositaria, con ogni azione depositaria che rappresenta un interesse di 1/1,000). Entrambi i dividendi saranno pagati il 1 marzo 2025, agli azionisti registrati al 14 febbraio 2025.
Lincoln Financial (NYSE:LNC) ha anunciado declaraciones de dividendos para dos series de acciones preferentes. La junta aprobó un dividendo semestral de $1,156.25 por acción en la 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Serie C ($46.25 por acción de depósito, con cada acción de depósito representando 1/25 de interés). Adicionalmente, se declaró un dividendo trimestral de $562.50 por acción en la 9.000% Non-Cumulative Preferred Stock, Serie D ($0.5625 por acción de depósito, con cada acción de depósito representando 1/1,000 de interés). Ambos dividendos se pagarán el 1 de marzo de 2025, a los accionistas registrados al 14 de febrero de 2025.
링컨 파이낸셜 (NYSE:LNC)는 두 가지 우선주 시리즈에 대한 배당금을 발표했습니다. 이사회는 9.250% 고정금리 리셋 비누적 우선주 C 시리즈에 대해 주당 $1,156.25의 반기 배당금을 승인했습니다($46.25의 수탁 주식당, 각 수탁 주식은 1/25의 이자를 나타냅니다). 또한, 9.000% 비누적 우선주 D 시리즈에 대해 주당 $562.50의 분기 배당금이 선언되었습니다($0.5625의 수탁 주식당, 각 수탁 주식은 1/1,000의 이자를 나타냅니다). 두 배당금은 2025년 3월 1일에 지급되며, 2025년 2월 14일 기준 주주들에게 지급됩니다.
Lincoln Financial (NYSE:LNC) a annoncé des déclarations de dividendes pour deux séries d'actions privilégiées. Le conseil d'administration a approuvé un dividende semestriel de 1 156,25 $ par action sur l'action privilégiée à taux fixe de 9,250 % non cumulative, série C (46,25 $ par action de dépôt, chaque action de dépôt représentant un intérêt de 1/25). De plus, un dividende trimestriel de 562,50 $ par action a été déclaré sur l'action privilégiée non cumulative de 9,000 %, série D (0,5625 $ par action de dépôt, chaque action de dépôt représentant un intérêt de 1/1 000). Les deux dividendes seront payés le 1er mars 2025, aux actionnaires enregistrés au 14 février 2025.
Lincoln Financial (NYSE:LNC) hat Dividendenbekanntgaben für zwei Serien von Vorzugsaktien angekündigt. Der Vorstand genehmigte eine halbjährliche Dividende von $1,156.25 pro Aktie auf die 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Serie C ($46.25 pro Depotaktie, wobei jede Depotaktie 1/25 Anteil darstellt). Darüber hinaus wurde eine vierteljährliche Dividende von $562.50 pro Aktie auf die 9.000% Non-Cumulative Preferred Stock, Serie D erklärt ($0.5625 pro Depotaktie, wobei jede Depotaktie 1/1,000 Anteil darstellt). Beide Dividenden werden am 1. März 2025 an die zum 14. Februar 2025 registrierten Aktionäre ausgezahlt.
- Consistent preferred dividend payments indicating financial stability
- Maintenance of high-yield preferred dividends (9.250% and 9.000% rates)
- None.
Insights
The declaration of Lincoln National's preferred stock dividends, featuring substantial yields of
The consistent payment of these preferred dividends is particularly significant for a financial services company like Lincoln National. It signals financial stability, as preferred dividends must be paid before any common stock dividends. The company's ability to maintain these high-yield preferred dividend payments suggests adequate capital allocation and cash flow management.
For investors, these preferred shares represent a hybrid security offering bond-like fixed payments with higher yields than typical corporate bonds, though without the same principal protection. The semi-annual $46.25 payment for Series C and quarterly $0.5625 payment for Series D depositary shares provide predictable income streams, which is especially valuable in the current market environment.
While this dividend declaration is routine, the maintenance of these high-yield payments indicates Lincoln's commitment to its capital structure obligations and suggests confidence in its ongoing ability to meet these financial commitments. However, investors should note that preferred dividends, while typically more secure than common dividends, are still subject to the company's ability to maintain payments.
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Semi-annual dividend of
$1,156.25 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C,$25,000 $46.25 -
Quarterly dividend of
$562.50 9.000% Non-Cumulative Preferred Stock, Series D,$25,000 $0.56 25
The above dividends will be payable March 1, 2025 to holders of record on February 14, 2025.
About Lincoln Financial
Lincoln Financial 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 September 30, 2024, the company had
View source version on businesswire.com: https://www.businesswire.com/news/home/20250131806317/en/
Tina Madon
Investor Relations
Tina.Madon@LFG.com
Sarah Boxler
Media Relations
CorporateComm@LFG.com
Source: Lincoln Financial
FAQ
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