Lincoln National Corp. - LNC STOCK NEWS

New research from Lincoln Financial Group reveals that 64% of U.S. employees prioritize a less stressful work environment over a 10% salary increase. Financial wellness concerns affect 91% of workers, with 32% feeling stressed by their finances. Lincoln Financial Group emphasizes the importance of employee benefits, such as disability and retirement plans, in promoting mental health and retention. Additionally, their resources like the Lincoln WellnessPATH tool aim to enhance financial literacy, helping employees navigate economic challenges and improve overall wellbeing.

Lincoln Financial Group (NYSE:LNC) will hold its 2021 Annual Meeting of Shareholders on June 3, 2021, at 9:00 a.m. EDT, via virtual format. Shareholders recorded as of March 29, 2021, can participate. Registration is required through a provided link where shareholders can submit questions for management. Access to the meeting begins at 8:45 a.m. EDT. The meeting will include voting, inquiries, and review of shareholder lists. Post-meeting, questions and answers will be published on the company’s Investor Relations website.

Lincoln Financial Group's Monthly Consumer Sentiment Tracker reveals that 37% of Asian Americans are concerned about income loss due to COVID-19, reflecting significant economic impact. Unemployment among Asian Americans surged over 450% from February to June 2020, with many employed in hard-hit sectors. Despite 82% of Asian Americans seeking better financial protection, one-third haven't taken any financial action, unlike other demographics. Interest in purchasing long-term care and life insurance is notably low at 12%.

Lincoln Financial Group (NYSE:LNC) has announced that Randy J. Freitag, EVP and CFO, will present at the Wells Fargo Virtual Financial Services Conference on May 20, 2021, at 9:20 a.m. ET. The session will include a Q&A segment discussing various industry topics. Interested participants can access the live presentation at www.lfg.com/webcast. A replay will be available for 30 days after the event. Lincoln Financial serves over 17 million customers, managing $311 billion in accounts as of March 31, 2021.

Lincoln Financial Group (NYSE: LNC) announced that Heather Deichler, Senior Vice President and head of MoneyGuard Product Management, has earned a spot on Digital Insurance's 2021 Women in Insurance Leadership: NEXT list. This award recognizes under-40 women executives making significant contributions to the insurance industry. Deichler was acknowledged for her pivotal role in the launch of a new long-term care planning option in MoneyGuard solutions, designed for younger clients to manage their benefits effectively over time.

Lincoln Financial Group has improved its Indexed Universal Life (IUL) insurance products, enhancing investment flexibility and cash value growth. Key updates include the Fidelity AIM® Dividend Indexed Account, designed to offer guaranteed growth with a fixed bonus and market protection. The integration of recent Internal Revenue Code changes allows for more efficient cash accumulation within policies. Clients of WealthAccumulate 2 can choose from six indexed accounts, while WealthPreserve 2 offers five, providing tailored options for various financial goals.

Lincoln Financial Group reported a net income of $225 million, or $1.16 per diluted share, for Q1 2021, a significant rise from $52 million, or $0.15 per share, in Q1 2020. However, adjusted income from operations fell to $350 million or $1.82 per share, down from $465 million or $2.24 per share year-over-year. Operating revenues increased to $4.534 billion, with improvements across all business segments, though challenges from pandemic-related mortality were noted. Book value per share rose 19% to $102.50 as of March 31, 2021.