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 Non-Cumulative Preferred Stock, Series D. The dividend will be payable on December 1, 2023, to holders of record on November 15, 2023.

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 December 1, 2023 to holders of record on November 15, 2023. The ex-dividend date will be November 14, 2023.

About Lincoln Financial Group

Lincoln Financial Group helps people to plan, protect and retire with confidence. As of Dec. 31, 2022, approximately 16 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection and retirement plan services. As of June 30, 2023, the company had $299 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/20231101274703/en/

Adam Cohen

(800) 237-2920

Investor Relations

InvestorRelations@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 Financial Group?

The dividend declared by Lincoln Financial Group is $562.50 per share on its Non-Cumulative Preferred Stock, Series D.

When will the dividend be payable?

The dividend will be payable on December 1, 2023.

Who will be eligible to receive the dividend?

Holders of record on November 15, 2023, will be eligible to receive the dividend.

What is the ex-dividend date?

The ex-dividend date is November 14, 2023.