Lincoln Natl Corp Ind Stock Price, News & Analysis

Lincoln Financial Group (NYSE: LNC) has been recognized by Ethisphere as one of the 2022 World’s Most Ethical Companies. The company stands out as one of only six honorees in the Financial Services sector, highlighting its commitment to ethics, compliance, and governance practices across 22 countries and 45 industries. CEO Dennis R. Glass emphasized that the recognition reflects their corporate culture and ethical standards, which he credits to their dedicated workforce of over 11,000 employees. This accolade positions Lincoln Financial as a leader in ethical business practices.

Lincoln Financial Group (NYSE: LNC) has appointed Adam Cohen as its new Chief Accounting Officer. Cohen previously served as CFO at Archwell Holdings LLC, where he managed finance and accounting operations. His experience includes 13 years at Ernst & Young, focusing on insurance clients. Adam expressed enthusiasm for joining Lincoln, recognizing its role in helping people achieve financial goals. Lincoln Financial Group, headquartered in Radnor, Pennsylvania, serves over 17 million customers and reported $324 billion in account values as of December 31, 2021.

Lincoln Financial Group (NYSE: LNC) is introducing a new investment option for its Lincoln Level Advantage® indexed variable annuity, featuring the First Trust American Leadership Index™, which targets U.S. companies leading in technology and economic stability. This offering enhances investors' ability to achieve growth and diversification, aligning with a growing trend as total annuity sales surged by 16% in 2021, the highest since 2008. Since its launch in May 2018, Lincoln Level Advantage has amassed over $13 billion in lifetime sales, making it a top product in the indexed variable annuity market.

Lincoln Financial Group (NYSE: LNC) has announced the introduction of the 1 Year BlackRock Dynamic Allocation Participation Plus account as part of its Lincoln OptiBlend fixed indexed annuity contracts. This account aims to boost asset growth potential, aligning with the financial goals of 67% of surveyed investors prioritizing growth. The account is linked to two indexed accounts tied to the BlackRock Dynamic Allocation Index, enhancing global, diversified multi-asset exposure. The new offering is positioned to empower clients with better financial strategies.

Lincoln Financial Group (NYSE:LNC) declared a quarterly cash dividend of $0.45 per share on common stock, payable on May 2, 2022, to shareholders of record as of April 11, 2022. This reflects the company’s commitment to returning value to shareholders. As of December 31, 2021, Lincoln Financial reported end-of-period account values totaling $324 billion, highlighting its significant market presence and stability.

Lincoln Financial Group (NYSE: LNC) mourns the passing of board member George W. Henderson III, who died on February 13. Henderson, who joined the board in 1995, was a notable figure in the company’s history, contributing significantly to its strength and success. CEO Dennis R. Glass and future CEO Ellen Cooper emphasized his legacy of advocacy for employees and shareholders. Henderson had a distinguished career at Burlington Industries and served on various boards. Lincoln's Chairman Dr. William H. Cunningham paid tribute to his leadership and friendship.

Lincoln Financial Group (NYSE:LNC) has partnered with Morgan State University to enhance diversity in its workforce through professional development competitions. The first competition involved mentoring MSU students, resulting in internship offers and scholarships. The second, a coding event, has successfully recruited talent for Lincoln's IT organization. This collaboration aims to strengthen recruiting efforts among diverse student populations, providing them with practical experience and opportunities in the financial sector.

Lincoln Financial Group (NYSE:LNC) announced that Dennis R. Glass, President and CEO, along with Ellen Cooper, CEO-elect, will present at the Bank of America Securities Insurance Conference on February 15, 2022, at 8:45 a.m. Eastern Time. They will engage in a Q&A session on various industry and company topics. The live webcast is available at www.lfg.com/webcast, and a replay will be accessible for 30 days post-event. Lincoln Financial Group serves over 17 million customers with $324 billion in end-of-period account values as of December 31, 2021.

Lincoln Financial Group's research shows that couples who discuss retirement significantly enhance their financial outcomes. Participants who engage in these conversations contribute nearly twice as much to their retirement plans and feel eight times more confident about retiring. The company outlines three essential strategies: envisioning their ideal retirement lifestyle, setting clear retirement goals, and working with financial professionals. This proactive approach can lead to improved savings habits and valuable financial insights, ultimately fostering better retirement preparedness.