Lincoln Financial (NYSE: LNC) has declared substantial dividends on two series of its preferred stock, benefiting shareholders as the insurer navigates changing market dynamics. 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. Holders of these depositary shares will receive $46.25 per share.
In addition, the board declared a quarterly dividend of $562.50 per share on the 9.000% Non-Cumulative Preferred Stock, Series D. Similar to Series C, these shares also carry a $25,000 liquidation preference and are represented by depositary shares, each reflecting a 1/1,000th interest in a share of the preferred stock. Shareholders will receive $0.5625 per depositary share, which trades on the New York Stock Exchange under the symbol LNC PRD.
Both dividends are set to be paid on March 1, 2026, to shareholders recorded by February 13, 2026. This move reflects Lincoln Financial’s commitment to rewarding its investors, even as market conditions evolve.
Founded in 1905, Lincoln Financial has established itself as a key player in the financial services sector, providing a range of products including annuities, life insurance, group protection, and retirement plan services. The company serves approximately 17 million customers across the United States. As of September 30, 2025, Lincoln Financial reported end-of-period account balances totaling $347 billion, net of reinsurance.
The insurer’s headquarters is located in Radnor, Pennsylvania, where it continues to operate as a significant contributor to the financial wellbeing of its clients and shareholders alike.
