Welcome to our dedicated page for Lincoln Natl Ind news (Ticker: LNC), a resource for investors and traders seeking the latest updates and insights on Lincoln Natl Ind stock.
Lincoln National Corporation (NYSE: LNC) delivers insurance and retirement solutions through annuities, life insurance, and group protection services. This news hub provides investors with essential updates directly affecting the company’s market position and operational strategy.
Access real-time press releases covering earnings announcements, leadership appointments, product innovations, and regulatory developments. Our curated collection ensures you never miss critical information about LNC’s financial performance or industry initiatives.
Key updates include quarterly results, mergers & acquisitions, dividend declarations, and strategic partnerships. Bookmark this page for organized access to filings, investor presentations, and market analyses related to LNC’s insurance products and retirement services.
Check back regularly for neutral, compliance-focused reporting on Lincoln National Corporation’s activities. Verify timestamps on individual articles for the latest developments in life insurance trends and retirement planning solutions.
Lincoln Financial Group (NYSE: LNC) has completed the sale of its wealth management business to Osaic, Inc., providing approximately $650 million of capital benefit. The company plans to use the funds to increase its risk-based capital ratio and reduce leverage. This strategic move aligns with Lincoln's focus on growing its insurance and workplace solutions businesses to deliver long-term value for stakeholders.
Lincoln Financial Group (NYSE: LNC) reported first-quarter results with net income available to common stockholders at $1.2 billion. Adjusted operating income was $71 million, impacted by legal accrual, severance expense, and tax-related items. The primary differences between net income and adjusted operating income were due to market risk benefits and a change in the fair value of an embedded derivative. The company's strategic realignment showed progress, with Annuities, Group Protection, and Retirement Plan Services performing well.
Lincoln National has declared a quarterly dividend of $562.50 per share on the 's 9.000% Non-Cumulative Preferred Stock, Series D. The dividend will be payable on June 1, 2024, to holders of record on May 15, 2024, with an ex-dividend date of May 14, 2024.
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