RADNOR, PA — Lincoln Financial (NYSE: LNC) has announced the declaration of preferred stock dividends approved by the Board of Directors of Lincoln National Corporation. The dividends include the following payouts for holders of the corporation’s preferred stock:
- A semi-annual dividend of $1,156.25 per share on the 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C. This series represents depositary shares, each corresponding to a 1/25th interest in a share of the preferred stock. Holders of these depositary shares will receive $46.25 per share.
- A quarterly dividend of $562.50 per share on the 9.000% Non-Cumulative Preferred Stock, Series D. This series is represented by depositary shares, each representing a 1/1,000th interest in a share of the preferred stock. Holders of these depositary shares will receive $0.5625 per share (NYSE:LNC PRD).
Both dividends are scheduled to be paid on March 1, 2025, to shareholders of record as of February 14, 2025.
These declared payouts reflect Lincoln Financial’s ongoing efforts to deliver consistent returns to preferred stockholders.
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