Lincoln National Corporation (NYSE:LNC) Plans $0.45 Quarterly Dividend

Posted by Francis Steltz on Aug 11th, 2026

Lincoln National Corporation (NYSE:LNC – Get Free Report) declared a quarterly dividend on Monday, August 10th. Stockholders of record on Monday, October 12th will be given a dividend of 0.45 per share by the financial services provider on Monday, November 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, October 9th.

Lincoln National has raised its dividend payment by an average of 0.0%per year over the last three years. Lincoln National has a dividend payout ratio of 23.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Lincoln National to earn $8.45 per share next year, which means the company should continue to be able to cover its $1.80 annual dividend with an expected future payout ratio of 21.3%.

Lincoln National Stock Down 0.9%

NYSE:LNC opened at $45.62 on Tuesday. The company has a current ratio of 0.27, a quick ratio of 0.27 and a debt-to-equity ratio of 0.62. The stock has a 50 day moving average of $39.56 and a 200-day moving average of $37.65. The firm has a market capitalization of $8.73 billion, a PE ratio of 3.95, a price-to-earnings-growth ratio of 1.66 and a beta of 1.14. Lincoln National has a 52 week low of $32.18 and a 52 week high of $47.67.

Lincoln National (NYSE:LNC – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The financial services provider reported $2.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.96 by $0.28. The business had revenue of $4.93 billion for the quarter, compared to the consensus estimate of $4.89 billion. Lincoln National had a return on equity of 17.35% and a net margin of 12.21%.The business’s revenue was up 12.3% on a year-over-year basis. During the same quarter last year, the business posted $2.36 EPS. Analysts predict that Lincoln National will post 7.82 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. TD Cowen raised their target price on Lincoln National from $37.00 to $42.00 and gave the company a “hold” rating in a research note on Wednesday, July 22nd. National Bank Financial set a $51.00 price target on shares of Lincoln National in a research report on Thursday, July 9th. Jefferies Financial Group increased their price objective on shares of Lincoln National from $56.00 to $57.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Barclays upgraded shares of Lincoln National from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $42.00 to $45.00 in a research report on Monday, July 6th. Finally, Mizuho boosted their target price on shares of Lincoln National from $51.00 to $53.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $46.43.

View Our Latest Research Report on LNC

Lincoln National Company Profile

(Get Free Report)

Lincoln National Corporation, doing business as Lincoln Financial Group, is a diversified financial services holding company focused on providing retirement, insurance, and wealth management solutions in the United States and select international markets. Headquartered in Radnor, Pennsylvania, the company operates through several business segments, including Retirement Plan Services, Life Insurance, and Group Protection. Its offerings are designed to help individuals, families, and institutions plan and prepare for their financial futures.

The Retirement Plan Services segment delivers recordkeeping, administrative services, and investment management for defined contribution and defined benefit plans.