RADNOR, PA — Lincoln National Corporation (NYSE: LNC) has declared a quarterly dividend on its Series D preferred stock, maintaining a scheduled payment to preferred shareholders as the Radnor-based financial services company manages its capital obligations across its insurance and retirement businesses.
The company’s board of directors approved a dividend of $562.50 per share on its 9.000% Non-Cumulative Preferred Stock, Series D, which carries a liquidation preference of $25,000 per share.
Investors holding the corresponding depositary shares, traded on the New York Stock Exchange under the symbol LNC PRD, will receive $0.5625 per depositary share.
Each depositary share represents a one-thousandth ownership interest in a share of the underlying preferred stock.
The dividend is payable Dec. 1, 2026, to shareholders of record as of Nov. 16, 2026.
The Series D securities carry a 9% stated annual dividend rate based on their liquidation preference. The non-cumulative structure means unpaid dividends do not accumulate as obligations for future payment periods.
Lincoln Financial operates through four principal business segments: annuities, life insurance, group protection and retirement plan services.
The company served approximately 17 million customers as of Dec. 31, 2025, and reported $366 billion in end-of-period account balances, net of reinsurance, as of June 30, 2026.
Headquartered in Radnor, Pennsylvania, Lincoln Financial is the marketing name for Lincoln National Corporation and its affiliated businesses.
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