LNC
Lincoln National
dividend history, payout ratio & dates
- Stocks
- Financial Services
- NYSE: LNC
- Dividend
Last dividend date: Apr 10, 2026
Dividend yield: 4.71%
Payout ratio: 20%
Lincoln National's last dividend of $0.45 per share was on Apr 10, 2026 (ex-date). The annualized dividend payment of $1.8 per share represents a current dividend yield of 4.78%.
LNC dividend stats
vs. Financial Services sector
Lincoln National Dividend yield
LNC has a dividend yield of 4.78% which is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 2.59%, Lincoln National's dividend yield is 85% higher. Historically LNC's dividend yield has averaged at 5.1% in the last 5 years, which is higher than the current yield.
LNC Dividend history
Lincoln National has a history of paying dividends since 1991. Our records of LNC show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. But with the stock price up by 14% from a year ago, the dividend yield marks a decrease of 12%.
Lincoln National Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Apr 10, 2026 | $0.45 | 5.26% |
| Jan 12, 2026 | $0.45 | 4.3% |
| Oct 10, 2025 | $0.45 | 4.73% |
| Jul 10, 2025 | $0.45 | 5.26% |
| Apr 10, 2025 | $0.45 | 6.04% |
| Jan 10, 2025 | $0.45 | 5.99% |
| Oct 10, 2024 | $0.45 | 5.73% |
| Jul 10, 2024 | $0.45 | 5.72% |
| Apr 9, 2024 | $0.45 | 6.03% |
| Jan 9, 2024 | $0.45 | 6.51% |
| Oct 6, 2023 | $0.45 | 7.79% |
| Jul 7, 2023 | $0.45 | 6.9% |
| Apr 6, 2023 | $0.45 | 8.78% |
| Jan 9, 2023 | $0.45 | 5.87% |
| Oct 6, 2022 | $0.45 | 3.76% |
| Jul 8, 2022 | $0.45 | 3.74% |
| Apr 8, 2022 | $0.45 | 2.71% |
| Jan 7, 2022 | $0.45 | 2.34% |
| Oct 7, 2021 | $0.42 | 2.33% |
| Jul 9, 2021 | $0.42 | 2.68% |
| Apr 9, 2021 | $0.42 | 2.62% |
| Jan 8, 2021 | $0.42 | 3.15% |
| Oct 8, 2020 | $0.4 | 4.49% |
| Jul 9, 2020 | $0.4 | 4.8% |
| Apr 9, 2020 | $0.4 | 4.49% |
| Jan 9, 2020 | $0.4 | 2.54% |
| Oct 9, 2019 | $0.37 | 2.72% |
| Jul 9, 2019 | $0.37 | 2.2% |
| Apr 9, 2019 | $0.37 | 2.26% |
| Jan 9, 2019 | $0.37 | 2.5% |
| Oct 9, 2018 | $0.33 | 1.88% |
| Jul 9, 2018 | $0.33 | 1.96% |
| Apr 9, 2018 | $0.33 | 1.81% |
| Jan 9, 2018 | $0.33 | 1.47% |
| Oct 6, 2017 | $0.29 | 1.55% |
| Jul 6, 2017 | $0.29 | 1.61% |
| Apr 6, 2017 | $0.29 | 1.64% |
| Jan 6, 2017 | $0.29 | 1.54% |
| Oct 5, 2016 | $0.25 | 2.04% |
| Jul 7, 2016 | $0.25 | 2.53% |
| Apr 7, 2016 | $0.25 | 2.94% |
| Jan 7, 2016 | $0.25 | 2.31% |
| Oct 7, 2015 | $0.2 | 2.03% |
| Jul 8, 2015 | $0.2 | 1.71% |
| Jun 8, 2015 | $0.2 | 1.55% |
| Apr 8, 2015 | $0.2 | 1.27% |
| Jan 8, 2015 | $0.2 | 1.22% |
Lincoln National dividend payout ratio
Payout ratio
LNC has a payout ratio of 20% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 34%, Lincoln National's payout ratio is 41% lower.
Total amount of dividends paid per financial year (from cash flow)
LNC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PRU Prudential Financial Inc | 5.07% | $5.5 | 56.2% |
| LNC Lincoln National Corp | 4.71% | $1.8 | 20% |
| MET Metlife Inc | 2.61% | $2.3 | 44.1% |
| VOYA Voya Financial Inc | 2.02% | $1.86 | 27.6% |
| UNM Unum Group | 2.01% | $1.84 | 39.9% |
| CNO CNO Financial Group Inc | 1.31% | $0.69 | 27.2% |
Frequently asked questions
Does Lincoln National pay a dividend?
Yes, Lincoln National has been paying dividends for the last 35 years.
When was LNC's last dividend?
Lincoln National's last regular dividend was on Apr 10, 2026 (ex-date) with the amount of $0.45 per share.
How much dividend does Lincoln National pay (per share)?
On an annual basis LNC pays $1.8 per share.
What is Lincoln National's dividend yield?
The current dividend yield of Lincoln National is 4.78%.
How often does Lincoln National pay dividends?
Lincoln National pays dividends quarterly.
What is Lincoln National's dividend payout ratio?
The dividend payout ratio of Lincoln National is 20%.
Does Lincoln National pay a good dividend?
Lincoln National's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.