Lincoln National Corporation
LNCFinancial Services · Stock · quarterly payer
$34.04
Add to PortfolioForward Yield
5.29%
Annual Dividend
$1.80
Payout Ratio
20%
5-Yr Growth
2.4%
Ex-Date
Jul 10, 2026
Frequency
Quarterly
LNC Dividend Safety Score
87/ 100
Grade A
Very Safe
Dividend-growth streak16 consecutive years of growth
Cut historyCut its dividend in 2009
Earnings payout coverage20% of earnings paid out
Free-cash-flow coverage12% of free cash flow
Balance-sheet strengthDebt/equity of 0.66
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is LNC a good dividend stock?
YesLincoln National Corporation (LNC) pays a quarterly dividend yielding 5.29% ($1.80/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 16 consecutive years of dividend growth
- Comfortable payout ratio (20%)
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.29%
- Payout Ratio
- 20%
- Annual Dividend
- $1.80
- 5-Yr Avg Growth
- 2.4%
- Ex-Dividend Date
- Jul 10, 2026
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- 1.17
- Market Cap
- $6.5B
- P/E Ratio
- 3.7
- 5-Yr Total Return
- -45%
- 52-Week Range
- $31.69 – $46.82
- Dividend Safety
- A · 87/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Apr 10, 2026 | — | $0.4500 | regular |
| Jan 12, 2026 | — | $0.4500 | regular |
| Oct 10, 2025 | — | $0.4500 | regular |
| Jul 10, 2025 | — | $0.4500 | regular |
| Apr 10, 2025 | — | $0.4500 | regular |
| Jan 10, 2025 | — | $0.4500 | regular |
| Oct 10, 2024 | — | $0.4500 | regular |
| Jul 10, 2024 | — | $0.4500 | regular |
| Apr 9, 2024 | — | $0.4500 | regular |
| Jan 9, 2024 | — | $0.4500 | regular |
| Oct 6, 2023 | — | $0.4500 | regular |
| Jul 7, 2023 | — | $0.4500 | regular |
| Apr 6, 2023 | — | $0.4500 | regular |
| Jan 9, 2023 | — | $0.4500 | regular |
Income Calculator
At $1.80 / yr per share
Per payment (quarterly)$45.00
Annual$180.00
Monthly avg$15.00
