Lincoln National Corp dividend history

Lincoln National Corp's dividend was $1.80 a share in fiscal 2025, up 0.0% on the year before. That was 27.6% of net income.

Dividends, buybacks and capital spending

Dividends (TTM): $344M
Diluted share count: +11.4%; year over year
Dividend payout ratio: 15%; of net income paid out

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Lincoln National Corp: dividends by fiscal year, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Dividend per share	—	$0.080	$0.230	$0.360	$0.520	$0.680	$0.850	$1.04	$1.20	$1.36	$1.51	$1.62	$1.71	$1.80	$1.80	$1.80	$1.80	—
Dividend per share growth	—	—	+187.5%	+56.5%	+44.4%	+30.8%	+25.0%	+22.4%	+15.4%	+13.3%	+11.0%	+7.3%	+5.6%	+5.3%	0.0%	0.0%	0.0%	—
Dividends paid	79	42	61	91	128	170	204	238	262	289	303	311	319	310	305	307	325	344
Share buybacks	0	25	575	492	450	650	900	879	725	900	550	275	1,105	550	0	0	—	—
Dividends ÷ net income	—	4.7%	27.6%	6.9%	10.3%	11.2%	17.7%	20.0%	12.6%	17.6%	34.2%	62.3%	8.4%	22.8%	—	9.4%	27.6%	14.6%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Compare with peers

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Figures from Lincoln National Corp's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Lincoln National Corp.