Company Description
The ticker PRD on Stock Titan is associated with preferred stock depositary shares referenced in multiple dividend announcements for Lincoln National Corporation, which is marketed as Lincoln Financial or Lincoln Financial Group (NYSE: LNC). In these announcements, the company describes preferred stock series and related depositary shares that trade under symbols such as LNC PRD on the New York Stock Exchange. The PRD-related instruments represent interests in specific series of Lincoln National Corporation preferred stock, with dividends declared by the company’s board of directors.
According to the dividend press releases, Lincoln Financial states that it helps people plan, protect and retire with confidence, and that many customers rely on its guidance and solutions across four core businesses: annuities, life insurance, group protection, and retirement plan services. The company notes that it is headquartered in Radnor, Pennsylvania, and that Lincoln Financial is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates.
The preferred stock depositary shares linked to symbols like LNC PRD are described in the news as representing fractional interests in non-cumulative preferred stock series of Lincoln National Corporation, with stated liquidation preferences per share and specified dividend amounts per depositary share. The board of directors periodically declares dividends on these preferred stock series, with payment dates and record dates outlined in the announcements.
Because the available information for PRD comes from these preferred stock dividend and company description disclosures, the focus for investors researching PRD is on its connection to Lincoln National Corporation’s preferred stock capital structure and the dividend terms described in the press releases. The news also highlights that Lincoln Financial uses the Lincoln National Corporation name for its corporate issuer identity, while the Lincoln Financial or Lincoln Financial Group brand is used in its marketing description.
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No SEC filings available for PRD.