LNC Dividend History & Analysis | 6.6% Yield

LNC has a dividend yield of 6.6% and paid 1.8 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 6.57%
Payout Ratio 22.8%
Growth Rate CAGR 5y 1.74%
Consistency Lifetime 65.1%
Yield on Cost 5y 4.98%
Payout FCF -
Streak Years 27
Dividend Rating 56.98%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 26%
Total Return 5y: 13.3%

Top Dividend Payers in Life & Health Insurance

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
NN 20,403 M 6.28% 14.3%
AEG 11,849 M 6.21% 13.8%
PRU 37,901 M 5.08% 8.71%
MFC 61,938 M 4.01% 8.77%
SLF 35,478 M 4.29% 6.62%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
AEG 11,849 M 27.7% 78.9%
PRI 8,251 M 22.0% 100%
AFL 57,965 M 15.1% 96.9%
UNM 12,993 M 10.8% 96.4%
SLF 35,478 M 9.07% 98.3%

Quality Dividend Peers in Life & Health Insurance

PFG
Principal Financial
 3.78% Yield
PUK
Prudential
 2.10% Yield

LNC Dividend History: Last 50 Payments (USD) as of January 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2026-01-12 2026-01-12 2026-02-02 Quarterly 0.45 0% N/A
2025-10-10 2025-10-10 2025-11-03 Quarterly 0.45 0% 1.05%
2025-07-10 2025-07-10 2025-08-01 Quarterly 0.45 0% 1.13%
2025-04-10 2025-04-10 2025-05-01 Quarterly 0.45 0% 1.32%
2025-01-10 2025-01-10 2025-02-03 Quarterly 0.45 0% 1.44%
2024-10-10 2024-10-10 2024-11-01 Quarterly 0.45 0% 1.5%
2024-07-10 2024-07-10 2024-08-01 Quarterly 0.45 0% 1.43%
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% 1.48%
2023-10-09 2023-10-10 2023-11-01 Quarterly 0.45 0% 1.62%
2023-07-07 2023-07-10 2023-08-01 Quarterly 0.45 0% 1.97%
2023-04-06 2023-04-10 2023-05-01 Quarterly 0.45 0% 1.77%
2023-01-09 2023-01-10 2023-02-01 Quarterly 0.45 0% 2.18%
2022-10-06 2022-10-10 2022-11-01 Quarterly 0.45 0% 1.43%
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% 0.94%
2022-01-07 2022-01-10 2022-02-01 Quarterly 0.45 7.1% 0.71%
2021-10-07 2021-10-11 2021-11-01 Quarterly 0.42 0% 0.58%
2021-07-09 2021-07-12 2021-08-02 Quarterly 0.42 0% 0.58%
2021-04-09 2021-04-12 2021-05-03 Quarterly 0.42 0% 0.69%
2021-01-08 2021-01-11 2021-02-01 Quarterly 0.42 5% 0.66%
2020-10-08 2020-10-12 2020-11-01 Quarterly 0.4 0% N/A
2020-07-09 2020-07-10 2020-08-01 Quarterly 0.4 0% N/A
2020-04-09 2020-04-13 2020-05-01 Quarterly 0.4 0% N/A
2020-01-09 2020-01-10 2020-02-01 Quarterly 0.4 8.1% N/A
2019-10-09 2019-10-10 2019-11-01 Quarterly 0.37 0% N/A
2019-07-09 2019-07-10 2019-08-01 Quarterly 0.37 0% N/A
2019-04-09 2019-04-10 2019-05-01 Quarterly 0.37 0% N/A
2019-01-09 2019-01-10 2019-02-01 Quarterly 0.37 12.1% N/A
2018-10-09 2018-10-10 2018-11-01 Quarterly 0.33 0% N/A
2018-07-09 2018-07-10 2018-08-01 Quarterly 0.33 0% N/A
2018-04-09 2018-04-10 2018-05-01 Quarterly 0.33 0% N/A
2018-01-09 2018-01-10 2018-02-01 Quarterly 0.33 13.8% N/A
2017-10-06 2017-10-10 2017-11-01 Quarterly 0.29 0% N/A
2017-07-06 2017-07-10 2017-08-01 Quarterly 0.29 0% N/A
2017-04-06 2017-04-10 2017-05-01 Quarterly 0.29 0% N/A
2017-01-06 2017-01-10 2017-02-01 Quarterly 0.29 16% N/A
2016-10-05 2016-10-10 2016-11-01 Quarterly 0.25 0% N/A
2016-07-07 2016-07-11 2016-08-01 Quarterly 0.25 0% N/A
2016-04-07 2016-04-11 2016-05-02 Quarterly 0.25 0% N/A
2016-01-07 2016-01-11 2016-02-01 Quarterly 0.25 25% N/A
2015-10-07 2015-10-12 2015-11-01 Quarterly 0.2 0% N/A
2015-07-08 2015-07-10 2015-08-01 Quarterly 0.2 0% N/A
2015-04-08 2015-04-10 2015-05-01 Quarterly 0.2 0% N/A
2015-01-08 2015-01-12 2015-02-01 Quarterly 0.2 25% N/A
2014-10-08 2014-10-10 2014-11-01 Quarterly 0.16 0% N/A
2014-07-08 2014-07-10 2014-08-01 Quarterly 0.16 0% N/A
2014-04-08 2014-04-10 2014-05-01 Quarterly 0.16 0% N/A
2014-01-08 2014-01-10 2014-02-01 Quarterly 0.16 33.3% N/A
2013-10-08 2013-10-10 2013-11-01 Quarterly 0.12 0% N/A

LNC Dividend FAQ

Lincoln National Corporation (NYSE:LNC) runs four core U.S. segments-Life Insurance, Annuities, Group Protection, and Retirement Plan Services-delivering a mix of individual and employer-focused products ranging from term and universal life policies to variable and fixed annuities, as well as disability, dental, vision, and retirement plan administration.

What is the Dividend Yield of LNC?

As of January 2026, LNC`s dividend yield is 6.57%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.80 USD by the current share price of 40.91.

Does LNC pay a dividend?

As of January 2026, LNC paid a dividend of 1.80 USD in the last 12 months. The last dividend was paid on 2026-01-12 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 2026-01-12.

LNC dividend forecast

Based on historical data, the forecasted dividends per share for LNC for the next 4 payments are between 0.42 (-6.7%) and 0.43 (-4.4%).
This indicates a moderate dividend reduction compared to the last payment.

Will LNC pay dividends in 2026?

The latest dividend paid per share was 0.45 USD with an Ex-Dividend Date of 2026-01-12. 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 1.74% 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 4.98%. If you bought LNC's shares at 36.11 USD five years ago, your current annual dividend income (1.80 USD per share, trailing 12 months) equals 4.98% of your original purchase price.

What is the Payout Consistency of LNC?

LNC Payout Consistency is 65.1%. 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.
Unstable: Lincoln National has an inconsistent track record of dividend payments over its lifetime.

Does LNC have a good Dividend Yield?

LNC`s 6.57% Dividend Yield is considered as high. 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 22.8%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of LNC?

LNC`s Overall Dividend Rating is 56.98%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

LNC Outstanding Shares Analysis

What is the Trend in LNC's Outstanding Shares?

Lincoln National's outstanding shares have increased by approximately 7.02% annually over the past 3 years (Trend Reliability: 100.0%).

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
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 194,304,100 +11.67%

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: 2026-01-25 02:18