Upcoming Ex-Dividend Date and Yield Insights
On 2/14/25, Lincoln National Corp.’s 9.0% Dep Shares Non-cumulative Preferred Stock, Series D (Symbol: LNC.PRD) will trade ex-dividend for its quarterly dividend of $0.5625, which will be payable on 3/1/25. At a recent share price of $27.66, this dividend represents about 2.03%. Therefore, when trading opens on 2/14/25, investors can expect the shares of LNC.PRD to drop approximately 2.03%, assuming no other factors change. Annually, the current yield is around 8.11%, significantly higher than the average yield of 6.46% seen in the “Financial” preferred stock category, according to Preferred Stock Channel.
Performance Snapshot
The chart below illustrates LNC.PRD’s one-year performance compared to Lincoln National Corp.’s common shares (Symbol: LNC):
Dividend History Overview
Below is a historical dividend chart for LNC.PRD, detailing past dividends leading up to the latest distribution of $0.5625:
Market Movement on Trading Day
In Wednesday trading, LNC.PRD has seen a decrease of about 0.3%, while the common shares (Symbol: LNC) have increased by approximately 0.4%.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
