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RADNOR, Pa. – Lincoln Financial Group (NYSE:LNC) has declared a quarterly dividend for its Series D Preferred Stock. Shareholders of record as of May 15, 2025, will receive a dividend of $0.5625 per depositary share, which is scheduled to be paid on June 1, 2025. According to InvestingPro data, the company currently shows a beta of 1.42, indicating higher volatility compared to the broader market.
The dividend pertains to the 9.000% Non-Cumulative Preferred Stock, Series D, with a $25,000 liquidation preference per share. Each depositary share represents a 1/1,000th interest in a share of the preferred stock.
Lincoln Financial, known for providing financial planning services such as annuities, life insurance, group protection, and retirement plan services, reported as of December 31, 2024, that it managed approximately $321 billion in end-of-period account balances, net of reinsurance. The company, headquartered in Radnor, Pennsylvania, serves about 17 million customers who rely on its financial guidance and solutions. InvestingPro analysis reveals a current ratio of 0.89 and an overall Financial Health Score rated as ’WEAK’, suggesting potential challenges in the company’s financial position. Discover more detailed insights and 12+ additional financial health indicators with InvestingPro.
This dividend announcement is based on a press release statement issued by Lincoln Financial. The declaration reflects the company’s ongoing commitment to return value to its shareholders, though InvestingPro data shows the stock has experienced a significant -66.49% price return over the past year. The company’s next earnings report is expected on June 19, 2025, which could provide further insights into its financial trajectory.
Investors holding the Series D Preferred Stock can anticipate the dividend payment in early June, following the record date in mid-May. Lincoln Financial continues to uphold its reputation as a trusted provider of financial solutions, as evidenced by its substantial customer base and managed assets.
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