LNC Dividend History & Analysis | 4.9% Yield

LNC has a dividend yield of 4.9% and paid 1.8 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.88%
Payout Ratio 18.5%
Growth Rate CAGR 5y 1.7%
Consistency Lifetime 76.7%
Yield on Cost 5y 3.3%
Payout FCF 24.6%
Streak Years 15
Dividend Rating 50.6%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
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.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Life & Health Insurance

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
PST 38,199 M 6.21% 33.61%
NN 21,842 M 5.65% 13.05%
PRU 34,955 M 5.31% 6.47%
MFC 64,603 M 3.89% 8.08%
PFG 22,588 M 3.78% 7.14%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
PRI 8,419 M 21.96% 100.0%
PST 38,199 M 22.60% 97.7%
AFL 59,989 M 15.14% 96.9%
UNM 13,504 M 10.75% 96.4%
SLF 39,796 M 9.07% 98.4%
Quality Dividend Peers in Life & Health Insurance PST Poste Italiane SpA
6.21% Yield SLF Sun Life Financial
4.22% Yield PFG Principal Financial
3.78% Yield
LNC Dividend History: Last 50 Payments (USD) as of June 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
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%
2021-07-09 2021-07-12 2021-08-02 Quarterly 0.42 0% 0.69%
2021-04-09 2021-04-12 2021-05-03 Quarterly 0.42 0% N/A
2021-01-08 2021-01-11 2021-02-01 Quarterly 0.42 +5% N/A
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 0% N/A

LNC Dividend FAQ

What is the Dividend Yield of LNC?

As of June 2026, LNC's dividend yield is 4.88%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.80 USD by the current share price of 35.29.

Does LNC pay a dividend?

As of June 2026, LNC paid a dividend of 1.80 USD in the last 12 months. The last dividend was paid on 2026-04-10 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 2026-04-10.

LNC dividend forecast

Based on historical data, the forecasted dividends per share for LNC for the next payments are between 0.443 (-1.6%) and 0.454 (+0.9%). This suggests the dividend will remain relatively stable. The expected Yield for the next 12 months is about 5.09%.

Will LNC pay dividends in 2026?

The latest dividend paid per share was 0.45 USD with an Ex-Dividend Date of 2026-04-10. 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 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 3.28%. If you bought LNC's shares at 54.93 USD five years ago, your current annual dividend income (1.80 USD per share, trailing 12 months) equals 3.28% of your original purchase price.

What is the Payout Consistency of LNC?

LNC Payout Consistency is 76.7%. 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. Moderately consistent: Lincoln National has a good track record of consistent dividend payments over its lifetime.

Does LNC have a good Dividend Yield?

LNC's 4.88% 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 18.5%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of LNC?

LNC's Overall Dividend Rating is 50.61%. 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: 97.8%). 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: 2026-05-31 02:15 UTC