StockNews.AI
LNC
StockNews.AI
200 days

Lincoln National Corporation's Board of Directors Declares Series C and Series D Preferred Stock Dividends

1. Lincoln Financial declared preferred stock dividends for Series C and Series D. 2. Semi-annual dividend set at $1,156.25 on 9.250% Series C preferred stock. 3. Quarterly dividend of $562.50 on 9.000% Series D preferred stock confirmed. 4. Dividends are payable on March 1, 2025, impacting cash flow positively. 5. Lincoln Financial services 17 million customers with $324 billion in managed assets.

3m saved
Insight
Article

FAQ

Why Bullish?

Dividends signal financial health and commitment to shareholders, potentially attracting investment.

How important is it?

Dividend announcements are crucial signals for investors, indicating firm profitability and cash flow.

Why Short Term?

Immediate stock price support expected from dividend announcements; recent trends show positive reactions.

Related Companies

LNCLNC PRD
RADNOR, Pa.--(BUSINESS WIRE)--Lincoln Financial (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation has declared the following preferred stock dividends: Semi-annual dividend of $1,156.25 per share on the corporation’s 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C, $25,000 liquidation preference per share, represented by depositary shares each representing a 1/25th interest in a share of the preferred stock, holders of which will receive $46.25 per share. 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 above dividends will be payable March 1, 2025 to holders of record on February 14, 2025. 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.

Related News