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Lincoln Financial Announces Significant Preferred Dividends for Shareholders
Lincoln Financial (NYSE: LNC) has declared substantial dividends on two series of its preferred stock, rewarding shareholders as the company navigates fluctuating market conditions. The board of directors of Lincoln National Corporation approved a semi-annual dividend of $1,156.25 per share on the 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C. These preferred shares have 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 these depositary shares will receive $46.25 per share.
In addition, the board has declared a quarterly dividend of $562.50 per share on the 9.000% Non-Cumulative Preferred Stock, Series D. Similar to the Series C shares, these also have 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 scheduled for payment on March 1, 2026, to shareholders of record as of February 13, 2026. This announcement comes at a time when investors are keenly observing dividend policies across financial markets.
Headquartered in Radnor, Pennsylvania, Lincoln Financial provides a range of services including annuities, life insurance, group protection, and retirement plan services, catering to approximately 17 million customers. As of September 30, 2025, the company reported $347 billion in end-of-period account balances, net of reinsurance.
This recent declaration underscores Lincoln Financial’s commitment to its shareholders, reflecting its ongoing strategy to maintain investor confidence and support through robust financial performance. The dividends serve as a signal of the company’s financial stability and ability to deliver value to its investors during challenging economic circumstances.
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