Capstone Holding Corp. lowers convertible note conversion price to $1.00
RADNOR, Pa. - Lincoln Financial Group (NYSE:LNC) announced Thursday that its board of directors has declared a quarterly cash dividend of $0.45 per share on the company’s common stock.
The dividend will be payable on November 3, 2025, to shareholders of record as of October 10, 2025, according to a press release statement from the company.
Lincoln Financial, headquartered in Radnor, Pennsylvania, operates four core businesses including annuities, life insurance, group protection, and retirement plan services. The company’s stock has shown strong momentum, gaining 33.47% year-to-date and currently trading near its 52-week high. With a market capitalization of $7.76 billion and a P/E ratio of 6.76, InvestingPro analysis indicates the stock is fairly valued.
As of June 30, 2025, the company reported $331 billion in end-of-period account balances, net of reinsurance. The company serves approximately 17 million customers as of December 31, 2024.
Lincoln Financial is the marketing name for Lincoln National Corporation, which trades on the New York Stock Exchange under the ticker symbol LNC.
In other recent news, Lincoln National Corporation reported its second-quarter earnings, showcasing an earnings per share (EPS) of $2.36. This performance exceeded both CFRA’s estimate of $1.58 and the consensus view of $1.88. Despite the strong EPS, the company reported revenue of $4.04 billion, which fell short of the expected $4.66 billion, resulting in a 13.3% miss. Following these results, CFRA raised its price target for Lincoln National to $42, maintaining a Hold rating, citing improved margins as a key factor. Wells Fargo also adjusted its price target to $37, while keeping an Equal Weight rating, highlighting Lincoln National’s strong quarterly performance. These recent developments reflect a mixed outcome with robust earnings overshadowed by a revenue shortfall. Both CFRA and Wells Fargo’s actions suggest a cautious optimism about the company’s future prospects.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.