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

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

By AP News
Published - Nov 01, 2024, 08:17 AM ET
Last Updated - Dec 16, 2024, 05:45 PM EST

RADNOR, Pa.--(BUSINESS WIRE)--Nov 1, 2024--

Lincoln Financial (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 1/1,000th 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, 2024 to holders of record on November 15, 2024. The ex-dividend date will be November 14, 2024.

About Lincoln Financial

Lincoln Financial 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 September 30, 2024, the company had $324 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial 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/20241101089053/en/

CONTACT: Tina Madon

445-280-0488

Investor Relations

Tina.Madon@LFG.comSarah Boxler

215-495-8439

Media Relations

Sarah.Boxler@LFG.com

KEYWORD: PENNSYLVANIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PERSONAL FINANCE FINANCE PROFESSIONAL SERVICES ASSET MANAGEMENT INSURANCE

SOURCE: Lincoln Financial

Copyright Business Wire 2024.

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