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LNC'D DIVIDEND SUSPENDED

LINCOLN NATIONAL CORP · Series D · Insurance
Also quoted as: LNC-D, LNCprD, LNC.PRD, LNC-PD, LNCpD
$26.41
last price

About this security

LNC'D is a 9% non-cumulative perpetual preferred stock issued by LINCOLN NATIONAL CORP, a Insurance issuer. $25 liquidation preference, callable from 2027-12-01.

LINCOLN NATIONAL CORP: Lincoln National Corporation (ticker: LNC), marketed as Lincoln Financial, is an Indiana-incorporated holding company headquartered in Radnor, Pennsylvania, that operates a broad set of insurance and retirement businesses through its subsidiaries. The company sells products across four segments — Annuities, Life Insurance, Group Protection, and Retirement Plan Services — targeting both individual and institutional customers seeking wealth accumulation, wealth protection, and retirement income solutions. Its wholesale distribution arm, Lincoln Financial Distributors, delivers products through a wide network of financial intermediaries including brokers, advisers, and financial institutions. Lincoln National is one of the larger publicly traded U.S. life and annuity insurers by scale and product breadth.

Issuer page — all LINCOLN NATIONAL CORP securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ⚑ 1 check to review

live page · rendered 08:19:28 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
Suspended
Annual Dividend
$2.2500 (suspended)
Recent Market Price
$26.41
as of 2026-07-31
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
−$1.41 (-5.3%)
Recent Ex-Date
2023-02-16
Pay Frequency
quarterly
Cumulative
No
Original Coupon
9.000%
Call Date
2027-12-01
Yield to Call
4.64%
Yield to Worst
4.64%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Pay Dates
March 1, June 1, September 1, December 1
Shares Offered (original)
20,000,000
Issued
2022-11-22
Series
D
Alt. Symbology
LNC-D, LNCprD, LNC.PRD, LNC-PD, LNCpD

vs. Insurance category (27 issues): yield — vs avg 6.89% · discount +5.6% vs avg -18.9%

Quote

 LNC'D (preferred)LNC (common)
Last $26.41 $37.30
Change
Open$26.44$36.89
High / Low $26.50 / $26.35 $37.48 / $36.70
Prev Close
Volume53,6011,495,068
52-Week High / Low $26.70 / $26.02 $46.82 / $31.69

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

LNC'D LNC (common)

Dividend History

Ex-DateAmount / Share
2023-02-16$0.618750

Performance — $10K Calculator

See what an investment in LNC'D would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

🔔 Get dividend & filing alerts for LNC'D →

Prospectus (SEC 424B5)

Lincoln National Corporation 20,000,000 Depositary Shares, each representing a 1/1,000th Interest in a Share of 9.000% Non-cumulative Preferred Stock, Series D, $25,000 liquidation preference per share (equivalent to $25.00 per Depositary Share).

Use of proceeds: Net proceeds (approx. $493.0 million) will fund part of the repayment of the company's 4.00% Senior Notes due September 1, 2023 and the remainder for general corporate purposes.

Full Prospectus (SEC filing) →

News — LINCOLN NATIONAL CORP

Issuer news via Tiingo — filtered to stories about LNC.

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