RADNOR, PA — Lincoln Financial Group (NYSE: LNC), a leading financial services firm, has announced that its board of directors declared a quarterly cash dividend of $0.45 per share on the corporation’s common stock. This dividend is set to be distributed on May 1, 2024, to shareholders who are on record as of the close of business on April 10, 2024.
The declaration of this dividend underscores Lincoln Financial Group’s commitment to rewarding its shareholders and reflects the company’s strong financial position. As of December 31, 2023, the company reported having $295 billion in end-of-period account balances, net of reinsurance.
The Radnor, Pennsylvania-based company provides a variety of financial services, including annuities, life insurance, group protection, and retirement plan services. With around 17 million customers trusting their guidance and solutions, Lincoln Financial Group has established itself as a trusted partner for individuals seeking to plan, protect and retire with confidence.
This dividend distribution follows the consistent pattern of Lincoln Financial Group’s commitment to return capital to its shareholders. The $0.45 per share dividend represents a significant return for shareholders, especially considering the current economic climate.
This move by Lincoln Financial Group signals the company’s robust financial health and its commitment to creating shareholder value. It also sends a positive sign to industry watchers about the firm’s confidence in its ongoing business operations and future prospects.
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