Lincoln Financial has declared substantial dividends on its preferred stock, marking a continued effort to reward shareholders despite varying market conditions. The announcement comes as the company, headquartered in Radnor, Pennsylvania, seeks to maintain investor confidence.
The board of directors of Lincoln National Corporation approved a semi-annual dividend of $1,156.25 per share for its 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C. This stock is associated with a liquidation preference of $25,000 per share, represented by depositary shares that each reflect a one twenty-fifth interest in a share of the preferred stock. Shareholders of these depositary shares will receive $46.25 per share.
In addition to the Series C dividends, the board also declared a quarterly dividend of $562.50 per share on its 9.000% Non-Cumulative Preferred Stock, Series D. These shares also have a liquidation preference of $25,000 and are represented by depositary shares reflecting a one one-thousandth interest in the preferred stock. Holders of the Series D depositary shares will receive $0.5625 per depositary share, which trades under the symbol LNC PRD on the New York Stock Exchange.
Both dividend payments are scheduled for March 1, 2026, to shareholders on record as of February 13, 2026. This strategic move underscores Lincoln Financial’s commitment to delivering value to its investors.
As a prominent provider of annuities, life insurance, group protection, and retirement plan services, Lincoln Financial serves approximately 17 million customers. The company reported $347 billion in end-of-period account balances, net of reinsurance, as of September 30, 2025.
These substantial dividend declarations come at a time when financial services firms are reassessing their strategies in light of changing economic landscapes, reinforcing Lincoln Financial’s position in the market. By prioritizing shareholder returns, the company aims to bolster investor confidence and solidify its standing as a reliable choice for long-term investments.
