Lincoln National Corporation’s Board of Directors Declares Series C and Series D Preferred Stock Dividends
01 Agosto 2024 - 3:30PM
Business Wire
Lincoln Financial Group (NYSE:LNC) announced today that the
board of directors of Lincoln National Corporation has declared the
following preferred stock dividends:
- Semi-annual dividend of $1,156.25 per share on the
corporation’s 9.250% Fixed Rate Reset Non-Cumulative Preferred
Stock, Series C, $25,000 liquidation preference per share,
represented by depositary shares each representing a 1/25th
interest in a share of the preferred stock, holders of which will
receive $46.25 per depositary share.
- Quarterly dividend of $562.50 per share on the corporation’s
9.000% Non-Cumulative Preferred Stock, Series D, $25,000
liquidation preference per share, represented by depositary shares
each representing a 1/1,000th interest in a share of the preferred
stock, holders of which will receive $0.5625 per depositary share
(NYSE: LNC PRD).
The above dividends will be payable September 1, 2024 to holders
of record on August 15, 2024. The ex-dividend date will be August
14, 2024.
About Lincoln Financial Group Lincoln Financial
Group helps people to plan, protect and retire with confidence. As
of December 31, 2023, approximately 17 million customers trust our
guidance and solutions across four core businesses – annuities,
life insurance, group protection, and retirement plan services. As
of June 30, 2024, the company had $311 billion in end-of-period
account balances, net of reinsurance. Headquartered in Radnor, Pa.,
Lincoln Financial Group is the marketing name for Lincoln National
Corporation (NYSE: LNC) and its affiliates. Learn more at
LincolnFinancial.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240801688239/en/
Tina Madon 445-280-0488 Investor Relations
Tina.Madon@LFG.com
Sarah Boxler 215-495-8439 Media Relations
Sarah.Boxler@LFG.com
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