Lincoln National Corporation’s Board of Directors Declares Series C and Series D Preferred Stock Dividends

RADNOR, Pa.–(BUSINESS WIRE)–Lincoln Financial (NYSE: LNC) announced today that the board of directors of Lincoln National Corporation has declared the following preferred stock dividends:

• Semi-annual dividend of $1,156.25 per share on the corporation’s 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C, $25,000 liquidation preference per share, represented by depositary shares each representing a 1/25^th interest in a share of the preferred stock, holders of which will receive $46.25 per share.
• Quarterly dividend of $562.50 per share on the corporation’s 9.000% Non-Cumulative Preferred Stock, Series D, $25,000 liquidation preference per share, represented by depositary shares each representing a 1/1,000^th interest in a share of the preferred stock, holders of which will receive $0.5625 per depositary share (NYSE: LNC PRD).

The above dividends will be payable March 1, 2026 to holders of record on February 13, 2026.

About Lincoln Financial

Lincoln Financial helps people confidently plan for their vision of a successful financial future. As of December 31, 2024, approximately 17 million customers trust our guidance and solutions across four core businesses – annuities, life insurance, group protection, and retirement plan services. As of September 30, 2025, the company had $347 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, PA., Lincoln Financial is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. Learn more at LincolnFinancial.com.

Contacts

John Muething
Investor Relations
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Sarah Boxler
Media Relations
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