Lincoln Natl Corp Ind Stock Price, News & Analysis

Lincoln Financial Group (NYSE: LNC) has introduced the LVIP Channing Small Cap Value Fund as a standalone investment option within its Lincoln ChoicePlus and Investor Advantage annuity suites. This fund, managed by Channing Capital Management, focuses on small-cap stocks that typically fall within the Russell 2000 Value Index. The fund is designed to enhance investment diversity and aims for strong risk-adjusted returns. Lincoln's efforts align with its commitment to diversity, equity, and inclusion in investment strategies.

Lincoln Financial Group (NYSE:LNC) announced that its president and CEO, Ellen G. Cooper, will present at the Barclays Global Financial Services Conference on September 14, 2022, at approximately 11:15 a.m. Eastern Time. Ms. Cooper will engage in a question-and-answer session discussing various industry and company-specific topics. Investors can access the live presentation at www.lfg.com/webcast, with a replay available for 30 days following the event.

Lincoln Financial Group (NYSE:LNC) announced that Randy J. Freitag, CFO, will present at the KBW Insurance Conference on September 8, 2022, at 11:20 a.m. ET. The presentation will include a Q&A session focusing on various industry and company topics. Interested viewers can access the live webcast on the company’s website, with a replay available for 30 days post-event. As of June 30, 2022, Lincoln Financial reported $279 billion in account values, serving 16 million customers with its financial planning solutions.

Lincoln Financial Group (NYSE:LNC) has introduced Stadion’s StoryLine Dynamic, a new Qualified Default Investment Alternative (QDIA) to support retirement planning. Tailored for participants approaching retirement, this program integrates a target date fund for younger individuals with a managed account service for those aged 50 and older. This initiative addresses a common concern, as over one-third of participants report confusion about investment choices as they age, aiming to improve retirement outcomes and engagement.

Lincoln Financial Group (NYSE:LNC) has declared a quarterly cash dividend of $0.45 per share, payable on November 1, 2022 to shareholders who are on record by October 10, 2022. This dividend reflects the company’s commitment to returning value to its shareholders. With $279 billion in end-of-period account values as of June 30, 2022, Lincoln remains a prominent player in the retirement, insurance, and wealth management sectors, serving approximately 16 million customers.

Lincoln Financial Group (NYSE: LNC) reported second quarter 2022 net income of $238 million, or $1.34 per diluted share, down from $642 million, or $3.34 per share in Q2 2021. The adjusted operating EPS was $2.23, impacted by $(0.42) from pandemic claims. Book value per share (BVPS) decreased 53% to $53.97 due to higher interest rates, while BVPS, excluding AOCI, rose 5% to $79.49. Capital returned to shareholders totaled $177 million, including $100 million in share buybacks. Positive developments include robust sales and improved Group Protection results.

Lincoln Financial Group's 2021 Retirement Power® study reveals significant shifts in financial attitudes among Black Americans due to the pandemic. 55% of Black employees have re-evaluated their financial priorities, compared to 44% of the total population. Notably, 45% have set a budget for expenses, and 40% are focusing on retirement savings. While awareness of financial goal-setting is rising, debt remains a pressing concern, with 85% viewing it as a problem. Lincoln is committed to supporting financial security and has launched initiatives aimed at fostering diversity and inclusion in wealth management.