Lincoln National Corporation (NYSE:LNC) will begin trading ex-dividend on July 9, 2020. The quarterly dividend payment of $ 0.40 per share is scheduled to be paid on August 1, 2020. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date, latest at the end of the trading session on July 9, 2020.
Dividends History
wpDataTable with provided ID not found!Recent Earnings Announcement
Lincoln National Corporation recorded income for the first quarter of $ 2.24 per share, from the revenue of $ 4,509.00 million. The quarterly earnings improved 4.67 percent while revenues up 6.07 percent compared with the same quarter last year.
The consensus estimates are income of $ 2.17 per share from $ 4534.61 million in revenue. The bottom line results beat street analysts by $ 0.07 or 3.23 percent, at the same time, top line results fell short of analysts by $ 25.61 million or 0.56 percent.
Stock Performance
According to the previous trading day, closing price of LNC was $ 35.22, representing a 118.62 % increase from the 52 week low of $ 16.11 and a 47.57 % decrease over the 52 week high of $ 67.17.
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The company has a market capital of $ 6.81 billion and is part of the Financial Services sector and Insurance – Life industry.
Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The Annuities segment offers variable, fixed, and indexed variable annuities.
