LNC Dividend History & Analysis | 4.6% Yield

LNC has a dividend yield of 4.6% and paid 1.8 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.63%
Payout Ratio 21.8%
Growth Rate CAGR 5y 0.1%
Consistency Lifetime 97.5%
Yield on Cost 5y 3.9%
Payout FCF 174.9%
Streak Years 5
Dividend Rating 48.8%
Chowder Number yield + growth 4.8% below 12% target for healthy growth
Yield vs Average 5y -5% avg 4.88% vs now 4.63%
Debt / EBITDA leverage -17.5x healthy
Income per 10k invested 463 USD per year
Dividends Cash Amount per Share Yearly LNC annual dividends paid per share, showing the total cash Lincoln National distributed to shareholders each year.
Dividend Growth Year over Year LNC year-over-year dividend growth rate, showing how Lincoln National's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History LNC dividend yield history versus share price over the past 5 years, showing how Lincoln National's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Life & Health Insurance

Top 10 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
PST MI
Poste Italiane
41,161 M 4.95% 15.38%
NN AS
NN
23,287 M 5.67% 13.18%
PRU NYSE
Prudential Financial
40,071 M 5.32% 7.05%
MFC NYSE
Manulife Financial
72,240 M 3.87% 8.91%
STB OL
Storebrand ASA
8,557 M 3.10% 8.76%
SLF NYSE
Sun Life Financial
44,294 M 4.23% 6.48%
PFG NASDAQ
Principal Financial
24,615 M 3.63% 6.15%
FG NYSE
F&G Annuities & Life
4,122 M 3.32% 6.39%
UNM NYSE
Unum
14,228 M 2.39% 7.86%
MET NYSE
MetLife
60,290 M 2.97% 4.62%
Top 10 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
PRI NYSE
Primerica
9,684 M 23.39% 100.0%
PST MI
Poste Italiane
41,161 M 22.82% 100.0%
AFL NYSE
Aflac
62,050 M 13.54% 100.0%
UNM NYSE
Unum
14,228 M 11.78% 100.0%
NN AS
NN
23,287 M 11.67% 100.0%
STB OL
Storebrand ASA
8,557 M 11.69% 100.0%
GL NYSE
Globe Life
14,330 M 9.43% 100.0%
MFC NYSE
Manulife Financial
72,240 M 7.31% 100.0%
CNO NYSE
CNO Financial
4,872 M 6.79% 100.0%
SLF NYSE
Sun Life Financial
44,294 M 6.94% 100.0%

LNC Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan 1.25% 100
Feb - -
Mar - -
Apr 1.42% 100
May - -
Jun - -
Jul 1.38% 89
Aug - -
Sep - -
Oct 1.21% 100
Nov - -
Dec - -

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 20 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-07-10 2026-07-10 2026-08-03 Quarterly 0.45 0% 1.14%
2026-04-10 2026-04-10 2026-05-01 Quarterly 0.45 0% 1.31%
2026-01-12 2026-01-12 2026-02-02 Quarterly 0.45 0% 1.05%
2025-10-10 2025-10-10 2025-11-03 Quarterly 0.45 0% 1.13%
2025-07-10 2025-07-10 2025-08-01 Quarterly 0.45 0% 1.32%
2025-04-10 2025-04-10 2025-05-01 Quarterly 0.45 0% 1.44%
2025-01-10 2025-01-10 2025-02-03 Quarterly 0.45 0% 1.5%
2024-10-10 2024-10-10 2024-11-01 Quarterly 0.45 0% 1.43%
2024-07-10 2024-07-10 2024-08-01 Quarterly 0.45 0% 1.48%
2024-04-09 2024-04-10 2024-05-01 Quarterly 0.45 0% 1.48%
2024-01-09 2024-01-10 2024-02-01 Quarterly 0.45 0% 1.62%
2023-10-09 2023-10-10 2023-11-01 Quarterly 0.45 0% 1.97%
2023-07-07 2023-07-10 2023-08-01 Quarterly 0.45 0% 1.77%
2023-04-06 2023-04-10 2023-05-01 Quarterly 0.45 0% 2.18%
2023-01-09 2023-01-10 2023-02-01 Quarterly 0.45 0% 1.43%
2022-10-06 2022-10-10 2022-11-01 Quarterly 0.45 0% 0.94%
2022-07-08 2022-07-11 2022-08-01 Quarterly 0.45 0% 0.94%
2022-04-08 2022-04-11 2022-05-02 Quarterly 0.45 0% 0.71%
2022-01-07 2022-01-10 2022-02-01 Quarterly 0.45 +7.1% 0.62%
2021-10-07 2021-10-11 2021-11-01 Quarterly 0.42 0% 0.58%

LNC Dividend FAQ

What is the Dividend Yield of LNC?

As of July 2026, LNC's dividend yield is 4.63%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.80 USD by the current share price of 41.61.

Does LNC pay a dividend?

As of July 2026, LNC paid a dividend of 1.80 USD in the last 12 months. The last dividend was paid on 2026-07-10 and the payout was 0.45 USD.

How often does LNC pay dividends?

LNC pays dividends quarterly. Over the last 12 months, LNC has issued 4 dividend payments. The last dividend payment was made on 2026-07-10.

LNC dividend forecast

Based on historical data, the forecasted dividends per share for LNC for the next payments are between 0.458 (+1.8%) and 0.463 (+2.9%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 4.42%.

Will LNC pay dividends in 2026?

The latest dividend paid per share was 0.45 USD with an Ex-Dividend Date of 2026-07-10. The next Ex-Dividend date for Lincoln National (LNC) is currently unknown.

What is the next Ex-Dividend Date for LNC?

The next Ex-Dividend date for Lincoln National (LNC) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of LNC?

LNC's average dividend growth rate over the past 5 years is 0.13% per year. Weak growth: LNC's dividend growth is lower than inflation.

What is the Yield on Cost of LNC?

LNC's 5-Year Yield on Cost is 3.87%. If you bought LNC's shares at 46.46 USD five years ago, your current annual dividend income (1.80 USD per share, trailing 12 months) equals 3.87% of your original purchase price.

What is the Payout Consistency of LNC?

LNC Payout Consistency is 97.5%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Lincoln National has a strong track record of consistent dividend payments over its lifetime.

Does LNC have a good Dividend Yield?

LNC's 4.63% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of LNC?

The Dividend Payout Ratio of LNC is 21.8%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of LNC?

LNC's Overall Dividend Rating is 48.79%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

LNC Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in LNC's Outstanding Shares?

Lincoln National's outstanding shares have increased by approximately 6.7% annually over the past 3 years (Trend Reliability: 91.3%). Watch carefully: The company is issuing new shares, diluting existing shareholders. Dividend growth may lag earnings growth as payouts are spread across more shares.

Has LNC ever had a Stock Split?

Yes, the last stock split was on Jun 22, 1999 with a ratio of 2:1. This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
1985 173,252,000 0%
1986 179,561,400 +3.64%
1987 173,615,400 -3.31%
1988 168,155,300 -3.14%
1989 166,776,300 -0.82%
1990 168,888,900 +1.27%
1991 169,913,000 +0.61%
1992 176,377,600 +3.8%
1993 194,645,200 +10.36%
1994 206,612,900 +6.15%
1995 208,287,700 +0.81%
1996 210,906,800 +1.26%
1997 208,015,100 -1.37%
1998 203,097,600 -2.36%
1999 200,110,400 -1.47%
2000 193,142,600 -3.48%
2001 191,413,700 -0.9%
2002 189,300,000 -1.1%
2003 179,626,700 -5.11%
2004 178,976,200 -0.36%
2005 176,078,200 -1.62%
2006 256,169,300 +45.49%
2007 273,910,000 +6.93%
2008 259,390,800 -5.3%
2009 285,635,600 +10.12%
2010 319,213,700 +11.76%
2011 314,950,100 -1.34%
2012 281,100,000 -10.75%
2013 272,800,000 -2.95%
2014 263,000,000 -3.59%
2015 248,900,000 -5.36%
2016 230,900,000 -7.23%
2017 221,900,000 -3.9%
2018 215,000,000 -3.11%
2019 200,000,000 -6.98%
2020 193,900,000 -3.05%
2021 183,333,300 -5.45%
2022 170,632,400 -6.93%
2023 169,662,000 -0.57%
2024 174,000,000 +2.56%
2025 196,297,900 +12.81%
2026 196,297,900 0%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-11 02:37 UTC