Lincoln Financial Group announced today that the board of directors of Lincoln National Corporation (NYSE:LNC) approved raising the quarterly dividend on its common shares to $0.16 per share. The dividend represents a 33% increase over the prior-year level.
The increased dividend on the common stock will be payable February 1, 2014, to shareholders of record at the close of business on January 10, 2014.
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 $197 billion as of September 30, 2013. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life, disability and dental insurance; employer-sponsored retirement 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.