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Lincoln Financial Announces Significant Preferred Dividends for March 2026
Lincoln Financial (NYSE: LNC) has declared substantial dividends for its preferred stockholders, continuing to reward investors amid evolving market conditions. The board of directors of Lincoln National Corporation approved a semi-annual dividend of $1,156.25 per share on its 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C. Each share has a liquidation preference of $25,000 and is represented by depositary shares, each reflecting a 1/25th interest in a share of the preferred stock. Holders 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 carry a $25,000 liquidation preference and are represented by depositary shares, each reflecting a 1/1,000th interest in a share of the preferred stock. Holders will receive $0.5625 per depositary share, which is traded on the New York Stock Exchange under the symbol LNC PRD.
Both dividends are set to be paid on March 1, 2026, to shareholders who are on record by February 13, 2026. This move illustrates Lincoln Financial’s commitment to delivering value to its shareholders, even as the market landscape shifts.
Lincoln Financial is a well-established provider of annuities, life insurance, group protection, and retirement plan services, serving approximately 17 million customers. As of September 30, 2025, the company reported end-of-period account balances totaling $347 billion, net of reinsurance. Headquartered in Radnor, Pennsylvania, Lincoln Financial remains a significant player in the financial services sector, demonstrating resilience and adaptability in its operations.
For the latest updates and insights on financial trends, Lincoln Financial’s actions serve as a noteworthy example of how companies can strategically manage dividends while navigating market fluctuations.
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