Lincoln National's last quarterly dividend of $0.45 per share was on Jul 8, 2022 (ex-date). The annualized dividend payment of $1.77 per share represents a current dividend yield of 4.03%.
LNC has a dividend yield of 4.03% which is above the Financial Services sector, the industry and its peers average. In comparison with its Financial Services sector average of 2.95%, Lincoln National's dividend yield is 37% higher. Historically LNC's dividend yield has averaged at 2.7% in the last 5 years, which is lower than the current yield.
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 grown by 7% since one year ago. And with the stock price down by 37% from a year ago, the dividend yield has grown by 70%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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 |
LNC has a payout ratio of 35.8% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 30.2%, Lincoln National's payout ratio is 19% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PRU Prudential Financial Inc | 5.54% | $4.75 | 86.4% |
| LNC Lincoln National Corp | 4.03% | $1.77 | 35.8% |
| UNM Unum Group | 3.17% | $1.23 | 22.4% |
| CNO CNO Financial Group Inc | 3.01% | $0.54 | 14% |
| VOYA Voya Financial Inc | 1.32% | $0.8 | 13.7% |
| NWLI National Western Life Group Inc | 0.21% | $0.36 | 0.9% |
Yes, Lincoln National has been paying dividends for the last 28 years.
LNC's next dividend date is Oct 6, 2022 (ex-date).
Lincoln National's last regular dividend was on Jul 8, 2022 (ex-date) with the amount of $0.45 per share.
On an annual basis LNC pays $1.77 per share.
The current dividend yield of Lincoln National is 4.03%.
Lincoln National pays dividends quarterly.
The dividend payout ratio of Lincoln National is 35.8%.
Lincoln National's dividend yield is higher than the Financial Services sector average.