RADNOR, PA — Lincoln Financial Group (NYSE: LNC) announced that the board of directors of Lincoln National Corporation recently 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 depositary 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 on September 1, 2023, to holders of record on August 15, 2023. The ex-dividend date will be August 14, 2023.
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