Text Size: Aa | Aa | Aa
edit

Favorites

find_advisor.gif

PRESS RELEASES

This document is dated November 10, 2011. It may not be accurate after such date and LNC does not undertake to update or keep it accurate after such date.
   
 

Lincoln National's Board of Directors Approves 60% Increase in Dividend

PHILADELPHIA, November 10, 2011 — Lincoln National Corporation (NYSE: LNC) today announced that its Board of Directors approved raising the quarterly dividend on its common shares to $0.08 per share. The newly declared dividend represents a 60% increase over the prior-year level.

"We are pleased to announce an increase in our quarterly cash dividend, which reflects our confidence in the performance of our businesses and the outlook for our company," said President and CEO Dennis R. Glass. "Today's announcement does not affect our plans to continue to return capital to shareholders through share repurchase," Glass added.

The increased common stock dividend is payable on February 1, 2012 to shareholders of record at the close of business on January 10, 2012. The Board of Directors also declared its regular dividend of $0.75 per share on its $3.00 Cumulative Convertible Preferred Stock Series A, payable March 5, 2012 to shareholders of record at the close of business on February 13, 2012.

About Lincoln Financial Group
Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $153 billion as of September 30, 2011. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life, disability and dental insurance; 401(k) and 403(b) plans; savings plans; and comprehensive financial planning and advisory services. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.LincolnFinancial.com.

-30-

 

For more information:

Investor Contacts:
Jim Sjoreen
484 583-1420
E-mail: InvestorRelations@LFG.com

Media Contacts:
Laurel O'Brien
484 583-1735
E-mail: MediaRelations@LFG.com



Top of Page

Hello future.
Lincoln Financial Group is the marketing name for Lincoln National Corporation and insurance
company affiliates, including The Lincoln National Life Insurance Company, Fort Wayne, IN,
and in New York, Lincoln Life & Annuity Company of New York, Syracuse, NY. Variable products
distributed by broker/dealer-affiliate Lincoln Financial Distributors, Inc., Radnor, PA. Securities
and investment advisory services offered through other affiliates. Explore Lincoln.



LCN-2008248news11