RADNOR, PA — Lincoln Financial (NYSE: LNC) has declared new dividends on two series of its preferred stock, delivering sizable payouts to shareholders as the insurer continues to reward investors amid shifting market conditions.
The board of directors of Lincoln National Corporation approved a semi-annual dividend of $1,156.25 per share on the company’s 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C. The preferred shares carry a $25,000 liquidation preference and are represented by depositary shares, each reflecting a 1/25th interest in a share of the preferred stock. Holders of those depositary shares will receive $46.25 per share.
In addition, the board declared a quarterly dividend of $562.50 per share on the company’s 9.000% Non-Cumulative Preferred Stock, Series D. Those 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. Holders will receive $0.5625 per depositary share, which trades on the New York Stock Exchange under the symbol LNC PRD.
Both dividends are payable on Sunday, March 1, 2026, to shareholders of record as of Friday, February 13, 2026.
Lincoln Financial provides annuities, life insurance, group protection, and retirement plan services, serving approximately 17 million customers. As of September 30, 2025, the company reported $347 billion in end-of-period account balances, net of reinsurance. The insurer is headquartered in Radnor, Pennsylvania.
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