Lincoln National's Preferred Stock, Series D Ex-Dividend Reminder

Lincoln National's Series D preferred stock (LNC.PRD) will trade ex-dividend on 5/15/26 for a quarterly dividend of $0.5625, payable on 6/1/26. Based on the recent share price of $26.60, the dividend implies an annualized yield of roughly 8.5%. The announcement is routine and primarily confirms the expected cash return to preferred shareholders.

Analysis

Lincoln National's Series D preferred stock (LNC.PRD) will trade ex-dividend on 5/15/26 for a quarterly dividend of $0.5625, payable on 6/1/26. Based on the recent share price of $26.60, the dividend implies an annualized yield of roughly 8.5%. The announcement is routine and primarily confirms the expected cash return to preferred shareholders.