Lincoln National Corporation

Lincoln National Corporation

LNCยทNYSE

$33.53

+0.10%
Financial ServicesInsurance - Life

Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The Annuities segment offers fixed, variable, and indexed variable annuities. The Retirement Plan Services segment provides employers with retirement plan products and services primarily in the defined contribution retirement plan marketplace. This segment offers individual and group variable annuities, group fixed annuities, and mutual fund-based programs; and a range of plan services, including plan recordkeeping, compliance testing, participant education, and trust and custodial services. The Life Insurance segment provides life insurance products, including term insurance, such as single and survivorship versions of universal life insurance; variable universal life insurance; indexed universal life insurance products; and critical illness and long-term care riders. The Group Protection segment offers group non-medical insurance products comprising short and long-term disability, statutory disability and paid family medical leave administration and absence management services, term life, dental, vision and accident, and critical illness benefits and services to the employer marketplace through various forms of employee-paid and employer-paid plans. The company distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries. Lincoln National Corporation was founded in 1905 and is based in Radnor, Pennsylvania.

At a Glance

Live Snapshot
Market Cap$6.41B
EPS5.9500
P/E Ratio5.64
Earnings Date07/30/2026
0.00%
Dividend Yield
-100%
3Y-100.0%
5Y-100.0%
10Y-100.0%
-19.77%
Dividend Payout Ratio
-254%
3Y+71.0%
5Y-156.0%
10Y-204.0%
3Y-67.0%
5Y-57.0%
10Y-45.0%
Lincoln National Corporation

Lincoln National Corporation Dividend History

LNC ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

LNC Dividend Payment History

LNC ยท NYSE

Total Payments

50

Latest Dividend

$0.4500

Annual Amount

$2.2500

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
May 28, 2026
Jul 10, 2026Aug 3, 2026
$0.4500
$0.4500
Quarterly0.00%
Feb 12, 2026
Apr 10, 2026May 1, 2026
$0.4500
$0.4500
Quarterly0.00%
Nov 13, 2025
Jan 12, 2026Feb 2, 2026
$0.4500
$0.4500
Quarterly0.00%
Aug 14, 2025
Oct 10, 2025Nov 3, 2025
$0.4500
$0.4500
Quarterly0.00%
May 22, 2025
Jul 10, 2025Aug 1, 2025
$0.4500
$0.4500
Quarterly0.00%
Feb 20, 2025
Apr 10, 2025May 1, 2025
$0.4500
$0.4500
Quarterly0.00%
Nov 14, 2024
Jan 10, 2025Feb 3, 2025
$0.4500
$0.4500
Quarterly0.00%
Aug 22, 2024
Oct 10, 2024Nov 1, 2024
$0.4500
$0.4500
Quarterly0.00%
May 23, 2024
Jul 10, 2024Aug 1, 2024
$0.4500
$0.4500
Quarterly0.00%
Feb 22, 2024
Apr 10, 2024May 1, 2024
$0.4500
$0.4500
Quarterly0.00%
Nov 9, 2023
Jan 10, 2024Feb 1, 2024
$0.4500
$0.4500
Quarterly0.00%
Aug 10, 2023
Oct 10, 2023Nov 1, 2023
$0.4500
$0.4500
Quarterly0.00%
May 25, 2023
Jul 10, 2023Aug 1, 2023
$0.4500
$0.4500
Quarterly0.00%
Feb 16, 2023
Apr 10, 2023May 1, 2023
$0.4500
$0.4500
Quarterly0.00%
Nov 2, 2022
Jan 10, 2023Feb 1, 2023
$0.4500
$0.4500
Quarterly0.00%
Aug 11, 2022
Oct 10, 2022Nov 1, 2022
$0.4500
$0.4500
Quarterly0.00%
May 27, 2022
Jul 11, 2022Aug 1, 2022
$0.4500
$0.4500
Quarterly0.00%
Feb 17, 2022
Apr 11, 2022May 2, 2022
$0.4500
$0.4500
Quarterly0.00%
Nov 3, 2021
Jan 10, 2022Feb 1, 2022
$0.4500
$0.4500
Quarterly+7.14%
Aug 18, 2021
Oct 11, 2021Nov 1, 2021
$0.4200
$0.4200
Quarterly0.00%
Jun 3, 2021
Jul 12, 2021Aug 2, 2021
$0.4200
$0.4200
Quarterly0.00%
Feb 18, 2021
Apr 12, 2021May 3, 2021
$0.4200
$0.4200
Quarterly0.00%
Nov 4, 2020
Jan 11, 2021Feb 1, 2021
$0.4200
$0.4200
Quarterly+5.00%
Aug 20, 2020
Oct 12, 2020Nov 1, 2020
$0.4000
$0.4000
Quarterly0.00%
Jun 12, 2020
Jul 10, 2020Aug 1, 2020
$0.4000
$0.4000
Quarterly0.00%
Feb 20, 2020
Apr 13, 2020May 1, 2020
$0.4000
$0.4000
Quarterly0.00%
Oct 30, 2019
Jan 10, 2020Feb 1, 2020
$0.4000
$0.4000
Quarterly+8.11%
Aug 7, 2019
Oct 10, 2019Nov 1, 2019
$0.3700
$0.3700
Quarterly0.00%
May 24, 2019
Jul 10, 2019Aug 1, 2019
$0.3700
$0.3700
Quarterly0.00%
Feb 28, 2019
Apr 10, 2019May 1, 2019
$0.3700
$0.3700
Quarterly0.00%
Nov 1, 2018
Jan 10, 2019Feb 1, 2019
$0.3700
$0.3700
Quarterly+12.12%
Aug 9, 2018
Oct 10, 2018Nov 1, 2018
$0.3300
$0.3300
Quarterly0.00%
May 25, 2018
Jul 10, 2018Aug 1, 2018
$0.3300
$0.3300
Quarterly0.00%
Feb 22, 2018
Apr 10, 2018May 1, 2018
$0.3300
$0.3300
Quarterly0.00%
Nov 1, 2017
Jan 10, 2018Feb 1, 2018
$0.3300
$0.3300
Quarterly+13.79%
Aug 10, 2017
Oct 10, 2017Nov 1, 2017
$0.2900
$0.2900
Quarterly0.00%
May 30, 2017
Jul 10, 2017Aug 1, 2017
$0.2900
$0.2900
Quarterly0.00%
Feb 23, 2017
Apr 10, 2017May 1, 2017
$0.2900
$0.2900
Quarterly0.00%
Nov 2, 2016
Jan 10, 2017Feb 1, 2017
$0.2900
$0.2900
Quarterly+16.00%
Aug 11, 2016
Oct 10, 2016Nov 1, 2016
$0.2500
$0.2500
Quarterly0.00%
May 27, 2016
Jul 11, 2016Aug 1, 2016
$0.2500
$0.2500
Quarterly0.00%
Feb 25, 2016
Apr 11, 2016May 2, 2016
$0.2500
$0.2500
Quarterly0.00%
Oct 28, 2015
Jan 11, 2016Feb 1, 2016
$0.2500
$0.2500
Quarterly+25.00%
Aug 13, 2015
Oct 12, 2015Nov 1, 2015
$0.2000
$0.2000
Quarterly0.00%
May 21, 2015
Jul 10, 2015Aug 1, 2015
$0.2000
$0.2000
Quarterly0.00%
Feb 26, 2015
Apr 10, 2015May 1, 2015
$0.2000
$0.2000
Quarterly0.00%
Oct 29, 2014
Jan 12, 2015Feb 1, 2015
$0.2000
$0.2000
Quarterly+25.00%
Aug 14, 2014
Oct 10, 2014Nov 1, 2014
$0.1600
$0.1600
Quarterly0.00%
May 22, 2014
Jul 10, 2014Aug 1, 2014
$0.1600
$0.1600
Quarterly0.00%
Feb 25, 2014
Apr 10, 2014May 1, 2014
$0.1600
$0.1600
Quarterly-
lnc

Lincoln National Corporation Payout Ratio Analysis

LNC ยท NYSE
Dividends Paid
-416.00M
2025
Net Income
1.18B
2025
Payout Ratio
35.34%
2025

Dividend Sustainability Analysis

Payout Ratio
35.34%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
-249.1%

Negative free cash flow while paying dividends is a major red flag. Company burning cash and cannot sustain dividend without external financing.

Dividend Growth
-4.5%

Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.

Sustainability
Fair

Dividend sustainability questionable. Monitor closely for signs of stress. Consider whether yield justifies the risk.