Lincoln National Corporation
S&P 500LNC/Financial Services · Insurance - Life/NYSE
Dividend Yield
4.77%
$1.80 · Annual Dividend
Dividend Safety Rating
LNC's dividend shows some areas that warrant monitoring. Strengths include a -0.7% net debt / total assets & 18.8% return on equity. Areas of concern: 174.9% fcf payout ratio & -4.1% operating margin. As a financial company, some traditional cash flow metrics are less applicable. The score focuses on earnings-based coverage and profitability.
Based on 9 of 10 metrics
Strengths
- Net Debt / Total Assets: -0.7%Healthy balance sheet with low net debt.
- Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.
- Dividend Cut: NoneNo dividend cut in recent history.
Risks
- FCF Payout Ratio: 174.9%Free cash flow is tight relative to the dividend.
- Operating Margin: -4.1%Operating margin is thin and pressures the dividend.
- Profit Margin Stability: VolatileProfit margins have been volatile.
Payout & Coverage
DangerBalance Sheet
Very SafeProfitability
WarningDividend Track Record
SafeAbout Lincoln National Corporation
Lincoln National Corporation is a U.S.-based holding company that operates under the marketing name Lincoln Financial Group. The company focuses on insurance and retirement solutions, providing products and services that help individuals and institutions manage financial security, income protection, and wealth transfer needs. Through its subsidiaries, Lincoln National Corporation offers life insurance, annuities, group protection benefits, and retirement plan services to employers, organizations, and individual customers. Its offerings are designed to support long-term financial planning, including retirement income, workplace benefits, and protection against financial risks associated with death, disability, or longevity. Headquartered in the United States, Lincoln National Corporation plays a significant role in the U.S. insurance and retirement markets, serving financial professionals, employers, and retail clients through a combination of advisors, intermediaries, and direct channels.
Dividend Overview
Dividend Yield
4.77%
Annual Dividend
$1.80
Frequency
Quarterly
Payout Ratio
—
FCF Payout Ratio
174.90%
52-Week Range
$32.18 - $46.82
Dividend History (2016–2025)
LNC annual dividend per share and yield history
Earnings & Profitability
LNC earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
April 10, 2026
Next Payment Date
August 3, 2026
Dividend Growth
3-Year Dividend CAGR
0.00%
5-Year Dividend CAGR
2.38%
10-Year Dividend CAGR
8.45%
3-Year Total Growth
0.00%
5-Year Total Growth
12.50%
10-Year Total Growth
125.00%
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Frequently Asked Questions
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How is LNC's Dividend Safety Rating calculated?
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This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.