Lincoln National Sets Payout on Series D Preferred Shares
Lincoln National approved a quarterly $0.5625 per depositary share payout on its Series D preferred, payable December 1, 2026, to holders of record November 16.
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what happened
The board of Lincoln National Corporation has authorized a dividend of $562.50 for each share of its 9.000% preferred stock, Series D, which is non-cumulative and carries a $25,000 liquidation preference per share. TradingView reported the decision, citing a press release distributed by BusinessWire.
Each depositary share, representing a 1/1,000th interest in one preferred share and trading under the ticker PRD, will receive $0.5625. The payment is scheduled for December 1, 2026, for holders registered as of November 16, 2026.
why it matters
For income-focused investors, the announcement gives clear timing for cash receipts, since both the amount and the record date are set. The declaration itself does not signal any change in the company's capital policy. For the broader market, such regular preferred payments are routine and rarely move the price of common shares.
tags
instruments
sources
- Lincoln National Corporation (LNC) Declares Series D Preferred Dividend — TradingView, 30 October 2026 at 12:15 UTC
- Lincoln National Corporation’s Board of Directors Declares Series D Preferred Stock Dividend — TradingView, 30 October 2026 at 12:15 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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