Lincoln National Corporation’s Board of Directors Declares Series D Preferred Stock Dividend

Rhea-AI Summary

Lincoln National has declared a quarterly dividend of $562.50 per share on the 's 9.000% Non-Cumulative Preferred Stock, Series D. The dividend will be payable on June 1, 2024, to holders of record on May 15, 2024, with an ex-dividend date of May 14, 2024.

RADNOR, Pa.--(BUSINESS WIRE)-- Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation has declared a quarterly dividend of $562.50 per share on the corporation’s 9.000% Non-Cumulative Preferred Stock, Series D, $25,000 liquidation preference per share, represented by depositary shares each representing a 1/1,000^th interest in a share of the preferred stock, holders of which will receive $0.5625 per depositary share (NYSE: LNC PRD). The dividend will be payable June 1, 2024 to holders of record on May 15, 2024. The ex-dividend date will be May 14, 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 December 31, 2023, the company had $295 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/20240501080401/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 dividend amount declared by Lincoln National for its Series D Preferred Stock?

Lincoln National has declared a quarterly dividend of $562.50 per share on its 9.000% Non-Cumulative Preferred Stock, Series D.

When will the dividend be payable for Lincoln National 's Series D Preferred Stock?

The dividend will be payable on June 1, 2024, to holders of record on May 15, 2024.

What is the ex-dividend date for Lincoln National 's Series D Preferred Stock dividend?

The ex-dividend date for Lincoln National 's Series D Preferred Stock dividend is May 14, 2024.