Lincoln Financial Announces Attractive Quarterly Dividend for Preferred Stockholders!

Lincoln Financial

RADNOR, PA — Lincoln Financial (NYSE: LNC) has announced that the board of directors of Lincoln National Corporation has declared a quarterly dividend of $562.50 per share on the corporation’s 9.000% Non-Cumulative Preferred Stock, Series D, which has a $25,000 liquidation preference per share.

This dividend is represented by depositary shares, each corresponding to a 1/1,000th interest in a share of the preferred stock. Consequently, holders will receive $0.5625 per depositary share (NYSE: LNC PRD). This dividend is set to be payable on December 1, 2024, to all holders of record as of November 15, 2024. Additionally, the ex-dividend date is scheduled for November 14, 2024.

Lincoln Financial continues to demonstrate its commitment to delivering value to its shareholders through consistent dividend payments.

For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and MSN.

READ:  Essential Utilities Boosts Shareholder Returns with Dividend Increase!