Lincoln National Corporation’s Board of Directors Declares Series C and Series D Preferred Stock Dividends

RADNOR, Pa.--(BUSINESS WIRE)-- Lincoln Financial (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation has declared the following preferred stock dividends:

• Semi-annual dividend of $1,156.25 per share on the corporation’s 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C, $25,000 liquidation preference per share, represented by depositary shares each representing a 1/25^th interest in a share of the preferred stock, holders of which will receive $46.25 per share.
• Quarterly dividend of $562.50 per share on the corporation’s 9.000% Non-Cumulative Preferred Stock, Series D, $25,000 liquidation preference per share, represented by depositary shares each representing a 1/1,000^th interest in a share of the preferred stock, holders of which will receive $0.5625 per depositary share (NYSE: LNC PRD).

The above dividends will be payable March 1, 2025 to holders of record on February 14, 2025.

About Lincoln Financial
Lincoln Financial helps people to plan, protect and retire with confidence. As of December 31, 2023, approximately 17 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection, and retirement plan services. As of September 30, 2024, the company had $324 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, Pa., Lincoln Financial is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. Learn more at LincolnFinancial.com.

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Tina Madon

Investor Relations

Tina.Madon@LFG.com

Sarah Boxler

Media Relations

CorporateComm@LFG.com

Source: Lincoln Financial