Lincoln National Corporation’s Board of Directors Declares Series C and Series D Preferred Stock Dividends
01 Febbraio 2024 - 3:00PM
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 March 1, 2024 to holders of
record on February 15, 2024. The ex-dividend date will be February
14, 2024.
About Lincoln Financial Group
Lincoln Financial Group helps people to plan, protect and retire
with confidence. As of Dec. 31, 2022, approximately 16 million
customers trust our guidance and solutions across four core
businesses – annuities, life insurance, group protection and
retirement plan services. As of September 30, 2023, the company had
$290 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/20240201868793/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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