Lincoln National Corp. - LNC STOCK NEWS

Lincoln Financial Group (NYSE: LNC) has published its latest Market Intel Exchange report, detailing key market trends and insights. The analysis emphasizes investment considerations during election years, noting that the S&P 500's average return during election years since 1928 is 11.5%, slightly lower than the overall average. In 2023, stocks rose over 15% in the first half, with S&P 500 companies reporting strong earnings growth. The report stresses that the Federal Reserve's actions are based on economic data, not political events. Key economic indicators such as growth, inflation, consumer behavior, and labor market trends are tracked to anticipate the Fed's next moves. Lincoln Financial continues to serve as a trusted source for economic insights, leveraging its partnerships and expert team to assist financial professionals and clients.

Lincoln Financial Group (NYSE:LNC) announced that it will release its Q2 2024 financial results on August 1, 2024, at 6:00 a.m. Eastern Time. A conference call is scheduled for the same day at 8:00 a.m. Eastern Time. The earnings materials, including the Earnings Release, Earnings Supplement, and Statistical Supplement, will be accessible via the company's Investor Relations webpage. The conference call will be streamed live on Lincoln's website, with a replay available by 10:00 a.m. Eastern Time on August 1, 2024. Future earnings releases are scheduled for October 31, 2024 (Q3) and February 6, 2025 (Q4 and full year 2024).

Lincoln Financial Group (NYSE:LNC) has released its 2023 Corporate Social Responsibility (CSR) report, named 'The Power of Us.' The report spans activities from January 1 to December 31, 2023, and highlights Lincoln's efforts in financial protection, environmental sustainability, and social governance. Key achievements include $9 million in charitable donations benefiting over 1.5 million people, a 40% increase in volunteer hours, and the launch of a new employee development platform called myCareer. Lincoln also earned recognition as one of America's Most Responsible Companies and achieved significant reductions in greenhouse gas emissions. The company invested $3.9 billion in responsible investments designed to advance social and environmental benefits.

Lincoln Financial Group (NYSE: LNC) has announced that its board of directors has declared a quarterly cash dividend of $0.45 per share on the ’s common stock. This dividend will be payable on August 1, 2024, to shareholders of record as of the close of business on July 10, 2024.

Lincoln Financial Group (NYSE:LNC) has expanded its partnership with EvolutionIQ to enhance its disability insurance claims process using human-in-the-loop AI technology. This development aims to improve disability claims management, offer better guidance to claimants, and streamline processes. The AI technology analyzes claims data, providing timely insights to claims professionals, assisting claimants in their return-to-work journeys. The partnership, which began in early 2023, has shown success with long-term disability claims and has now been extended to short-term disability claims. Lincoln's Group Protection claimants reported a 91% satisfaction rate in 2023.

Lincoln Financial Group (NYSE: LNC) announced the launch of Lincoln Level Advantage 2SM, an enhanced version of its Lincoln Level Advantage indexed variable annuity. This new version introduces industry-first features, such as accounts tracking Capital Group active ETFs and the Secure Lock+SM feature. These innovations offer investors more growth opportunities, better protection, and greater control. The new ETF strategies include the Capital Group Growth ETF (CGGR) and Capital Group Global Growth Equity ETF (CGGO), both aimed at long-term capital growth. The Secure Lock+ feature allows investors to lock in gains, reset protection, and reallocate funds, addressing market volatility concerns and enhancing investor confidence. This launch comes amid increasing demand for RILA products, driven by inflation and retirement income concerns. Lincoln Level Advantage has been highly successful, with over $23 billion in lifetime sales since its inception in 2018.

Lincoln Financial Group (NYSE: LNC) has appointed Brian Kroll as Executive Vice President, Head of Retail Life and Annuity Solutions, effective May 16, 2024. Kroll will oversee all aspects of the Life Insurance and Annuity businesses, including product manufacturing, underwriting, new business, inforce operations, and strategic planning. With over 30 years of industry experience and a prior 18-year tenure at Lincoln, Kroll is expected to drive profitable growth through strategic realignment of product mixes. He will report to CEO Ellen Cooper and collaborate closely with John Kennedy, EVP, Chief Distribution and Brand Officer. Kroll's expertise includes launching Lincoln's registered index-linked annuity (RILA) and expanding fixed indexed annuity offerings. Matt Grove, EVP, will advise during the transition following Lincoln's wealth management deal with Osaic Inc., closing on May 6, 2024.

Lincoln Financial Group (NYSE: LNC) introduces Lincoln MoneyGuard Market Advantage to cater to shifting customer needs for growth and flexibility in the hybrid long-term care space. The product offers consumers market-driven growth, increased investment options, flexibility, and tax advantages. It provides enhanced flexibility for consumers and financial professionals alike, reinforcing Lincoln's commitment to meeting client preferences.

Lincoln Financial Group announced that Lincoln National will hold its 2024 Annual Meeting of Shareholders on May 23, 2024, in a virtual format. Shareholders as of March 18, 2024, are entitled to attend. The meeting will be accessible online, and questions can be submitted in advance.