Lincoln Financial (NYSE: LNC) has declared substantial dividends on two series of its preferred stock, reflecting the company’s commitment to rewarding shareholders despite variable market conditions. The board of directors at Lincoln National Corporation approved a semi-annual dividend of $1,156.25 per share on its 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C. Each of these preferred shares has a liquidation preference of $25,000 and is represented by depositary shares, each reflecting a 1/25th interest in a share of the preferred stock.
Shareholders holding these depositary shares will receive $46.25 per share. This payout underscores Lincoln Financial’s strategy to maintain investor confidence and support amidst fluctuating economic landscapes.
Quarterly Dividend Details
Alongside the semi-annual dividend, the board also declared a quarterly dividend of $562.50 per share on its 9.000% Non-Cumulative Preferred Stock, Series D. Similar to Series C, these shares also carry a liquidation preference of $25,000 and are represented by depositary shares, which reflect a 1/1,000th interest in a share of the preferred stock. Holders of these depositary shares will receive $0.5625 per share, trading on the New York Stock Exchange under the symbol LNC PRD.
Both dividends are scheduled for payment on March 1, 2026, to shareholders of record as of February 13, 2026. This timely distribution of dividends signals Lincoln Financial’s ongoing dedication to its investors and highlights its financial stability.
Company Overview and Financial Standing
Headquartered in Radnor, Pennsylvania, Lincoln Financial offers a diverse range of financial products, including annuities, life insurance, group protection, and retirement plan services. The company serves approximately 17 million customers across various demographics. As of September 30, 2025, Lincoln Financial reported $347 billion in end-of-period account balances, net of reinsurance, showcasing its robust position in the financial services sector.
In a competitive landscape, these dividend declarations from Lincoln Financial not only serve as a financial incentive for shareholders but also reflect the company’s resilience and commitment to maintaining a strong relationship with its investor base.
