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

Rhea-AI Summary

Lincoln Financial Group (NYSE:LNC) has declared a quarterly dividend of $562.50 per share on its 9.000% Non-Cumulative Preferred Stock, Series D. The dividend will be payable on June 1, 2023, to holders of record on May 15, 2023.

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• Lincoln Financial Group (NYSE:LNC) declares a quarterly dividend of $562.50 per share on its 9.000% Non-Cumulative Preferred Stock, Series D.

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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, 2023 to holders of record on May 15, 2023. The ex-dividend date will be May 12, 2023.

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, approximately 16 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 $282 billion in end-of-period account balances net of reinsurance as of December 31, 2022. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and ranks among Newsweek’s Most Responsible Companies. Dedicated to diversity, equity and inclusion, we are included on transparency benchmarking tools such as the Corporate Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Committed to providing our employees with flexible work arrangements, we were named to FlexJobs’ list of the Top 100 Companies to Watch for Remote Jobs in 2022. With a long and rich legacy of acting ethically, telling the truth and speaking up for what is right, Lincoln was recognized as one of Ethisphere’s 2022 World’s Most Ethical Companies®. We create opportunities for early career talent through our intern development program, which ranks among WayUp and Yello’s annual list of Top 100 Internship Programs. 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/20230501005159/en/

Al Copersino

(800) 237-2920

Investor Relations

InvestorRelations@LFG.com

Kelly Capizzi

(484) 538-7824

Media Relations

Kelly.Capizzi@LFG.com

Source: Lincoln Financial Group

FAQ

What is the dividend amount declared by Lincoln Financial Group?

The dividend declared by Lincoln Financial Group is $562.50 per share.

When will the dividend be payable?

The dividend will be payable on June 1, 2023.

Who are eligible to receive the dividend?

Holders of record on May 15, 2023, are eligible to receive the dividend.

What is the ex-dividend date?

The ex-dividend date is May 12, 2023.