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LNC Lincoln National dividend history, payout ratio & dates

Lincoln National's last quarterly dividend of $0.45 per share was on Apr 9, 2024 (ex-date). The annualized dividend payment of $1.8 per share represents a current dividend yield of 6.27%.

Key dates

  • LNC last dividend date: Apr 9, 2024
  • LNC next dividend date: Not announced
LNC dividend stats
DPS
$1.8
Dividend yield
6.32%
Payout ratio
N/A
vs. Financial Services sector
Dividend yield
3.38%
Payout ratio
39.5%

Dividend yield

What is Lincoln National current dividend yield

LNC has a dividend yield of 6.27% which is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 3.38%, Lincoln National's dividend yield is 86% higher. Historically LNC's dividend yield has averaged at 4.3% in the last 5 years, which is lower than the current yield.

Dividend history

What is LNC dividend payout history and dates

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 37% from a year ago, the dividend yield marks a decrease of 27%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Apr 9, 2024 May 1, 2024 Feb 22, 2024 $0.45 normal
Jan 9, 2024 Feb 1, 2024 Nov 9, 2023 $0.45 normal
Oct 6, 2023 Nov 1, 2023 Aug 10, 2023 $0.45 normal
Jul 7, 2023 Aug 1, 2023 May 25, 2023 $0.45 normal
Apr 6, 2023 May 1, 2023 Feb 16, 2023 $0.45 normal
Jan 9, 2023 Feb 1, 2023 Nov 2, 2022 $0.45 normal
Oct 7, 2022 Nov 1, 2022 Aug 11, 2022 $0.45 normal
Oct 6, 2022 Nov 1, 2022 Aug 11, 2022 $0.45 normal
Jul 8, 2022 Aug 1, 2022 May 27, 2022 $0.45 normal
Apr 8, 2022 May 2, 2022 Feb 17, 2022 $0.45 normal
Jan 7, 2022 Feb 1, 2022 Nov 3, 2021 $0.45 normal
Oct 7, 2021 Nov 1, 2021 Aug 18, 2021 $0.42 normal
Jul 9, 2021 Aug 2, 2021 Jun 3, 2021 $0.42 normal
Apr 9, 2021 May 3, 2021 Feb 18, 2021 $0.42 normal
Jan 8, 2021 Feb 1, 2021 Nov 4, 2020 $0.42 normal
Oct 8, 2020 Nov 1, 2020 Aug 20, 2020 $0.4 normal
Jul 9, 2020 Aug 1, 2020 Jun 12, 2020 $0.4 normal
Apr 9, 2020 May 1, 2020 Feb 20, 2020 $0.4 normal
Jan 9, 2020 Feb 1, 2020 Oct 30, 2019 $0.4 normal
Oct 9, 2019 Nov 1, 2019 Aug 7, 2019 $0.37 normal
Jul 9, 2019 Aug 1, 2019 May 24, 2019 $0.37 normal
Apr 9, 2019 May 1, 2019 Feb 28, 2019 $0.37 normal
Jan 9, 2019 Feb 1, 2019 Nov 1, 2018 $0.37 normal
Oct 9, 2018 Nov 1, 2018 Aug 9, 2018 $0.33 normal
Jul 9, 2018 Aug 1, 2018 May 25, 2018 $0.33 normal
Apr 9, 2018 May 1, 2018 Feb 22, 2018 $0.33 normal
Jan 9, 2018 Feb 1, 2018 Nov 1, 2017 $0.33 normal
Oct 6, 2017 Nov 1, 2017 Aug 10, 2017 $0.29 normal
Jul 6, 2017 Aug 1, 2017 May 26, 2017 $0.29 normal
Apr 6, 2017 May 1, 2017 Feb 23, 2017 $0.29 normal
Jan 6, 2017 Feb 1, 2017 Nov 2, 2016 $0.29 normal
Oct 5, 2016 Nov 1, 2016 Aug 11, 2016 $0.25 normal
Jul 7, 2016 Aug 1, 2016 May 27, 2016 $0.25 normal
Apr 7, 2016 May 2, 2016 Feb 25, 2016 $0.25 normal
Jan 7, 2016 Feb 1, 2016 $0.25 normal
Oct 7, 2015 Nov 1, 2015 Aug 13, 2015 $0.2 normal

Lincoln National dividend payouts

Total amount of dividends paid per financial year (from cash flow)

LNC dividend vs peer dividends

How does LNC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
LNC Lincoln National Corp 6.32% $1.8 N/A
PRU Prudential Financial Inc 4.5% $5.05 74.7%
UNM Unum Group 2.75% $1.43 21.8%
CNO CNO Financial Group Inc 2.25% $0.6 24.6%
VOYA Voya Financial Inc 2.02% $1.4 24.4%
NWLI National Western Life Group Inc 0.07% $0.36 1.3%

Frequently asked questions

Does Lincoln National pay a dividend?

Yes, Lincoln National has been paying dividends for the last 30 years.

When is Lincoln National's next dividend?

LNC hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in July 2024.

When was LNC's last dividend?

Lincoln National's last regular dividend was on Apr 9, 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 6.27%.

How often does Lincoln National pay dividends?

Lincoln National pays dividends quarterly.

Does Lincoln National pay a good dividend?

Lincoln National's dividend yield is higher than the Financial Services sector average.