LNC Lincoln National dividend history, payout ratio & dates
Lincoln National's last dividend of $0.45 per share was on Oct 10, 2024 (ex-date). The annualized dividend payment of $1.8 per share represents a current dividend yield of 5.17%.
Key dates
- LNC last dividend date: Oct 10, 2024
LNC dividend stats
vs. Financial Services sector
Dividend yield
LNC has a dividend yield of 5.17% which is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 2.58%, Lincoln National's dividend yield is 100% higher. Historically LNC's dividend yield has averaged at 4.6% in the last 5 years, which is lower than the current yield.
Dividend history
Lincoln National has a history of paying dividends since 1994. 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 48% from a year ago, the dividend yield marks a decrease of 32%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 118.4% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 44%, Lincoln National's payout ratio is 169% higher.
Total amount of dividends paid per financial year (from cash flow)
LNC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| LNC Lincoln National Corp | 5.17% | $1.8 | 118.4% |
| PRU Prudential Financial Inc | 4.12% | $5.2 | 46.2% |
| MET Metlife Inc | 2.53% | $2.16 | 43.3% |
| UNM Unum Group | 2.08% | $1.57 | 17% |
| VOYA Voya Financial Inc | 2.05% | $1.65 | 25.7% |
| CNO CNO Financial Group Inc | 1.57% | $0.62 | 24.5% |
Frequently asked questions
Does Lincoln National pay a dividend?
Yes, Lincoln National has been paying dividends for the last 30 years.
When was LNC's last dividend?
Lincoln National's last regular dividend was on Oct 10, 2024 (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 5.17%.
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 118.4%.
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. Data from 
and Sharadar.