NEW Selling losers for tax season? Check the wash-sale window first
Our free Wash Sale Calculator shows the first day you can buy back — and flags buys that would cancel your tax loss.
Check a trade »

Lincoln National Corporation LNC | NYSE

$41.37 $0.71 | 1.75%
TREND SIGNAL:Signal available — unlock to view |2026-09-17

Next Earnings: Nov 05, 2026

Company Overview:

Market Cap: $7.98B
Trailing PE: 3.6x
FWD PE *: 5x
Payout Ratio (TTM): 18.4%
52-Week Range: $32.18 - $47.67

* Forward PE is based on street estimates.

10 Year LNC Performance Metrics:

Total Return (with DRIP): 21.5% (1.96% CAGR)
Total Return (no DRIP): 15.4% (1.44% CAGR)
Share Price: -16.3% (-1.76% CAGR)
Yield on Cost (with DRIP): 5.28%
Total Invested: $10,000
Total Value (with DRIP): $12,146
Total Return $ (with DRIP): $2,146
Dividend Increase: 55.2% (4.49% CAGR)
Dividend Yield (FWD): 4.35% ($1.80)
LNC 10-yr Total Return ($10K invested)
1M 3M 6M YTD 1Y 3Y 5Y 10Y
LNC Share Price
1M 3M 6M YTD 1Y 3Y 5Y 10Y All
LNC Price CAGR:1Y: 3.35%2Y: 12.36%5Y: -10.53%10Y: -1.76%
LNC Dividend Charts
LNC - Dividends
LNC Dividend CAGR:1Y: 0.00%2Y: 0.00%5Y: 1.39%10Y: 6.05%
LNC - Dividend Payout Ratio
LNC Dividend Payout Ratio CAGR:1Y: -55.87%2Y: -24.83%5Y: -15.13%10Y: -11.61%
LNC - Dividend to Free Cash Flow Ratio
LNC Dividend to FCF Ratio CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
Build Custom Charts
LNC - Chart 1
LNC - Chart 2
LNC - Chart 3

Unlock All Reports & Research Dividend Stocks like a BOSS!

Get 3 Months Free with Annual Plan
PRO
$171 ($14.25/mo) $102.60/yr ($8.55/mo)
7-day free trial
  • Unlimited Portfolio Tracker
  • Portfolio - Lots/Sales/Dividends
  • Portfolio Auto-DRIP
  • Buy/Sell Signals Dashboard
  • Stock Fundamentals
  • Compare Stocks Side-by-Side
  • Revenue & EPS Estimates
  • DCF Valuation Modeling
Try it free for 7 days
Combined 55% Lifetime Discount
Most Popular
PREMIUM
$288 ($24/mo) $172.80/yr ($14.40/mo)
7-day free trial
  • Everything in Pro
  • YieldMax PNL Tracker
  • YieldMax NAV Erosion Alerts
  • YM ETFs Trend Signals
  • 9/21 EMA Trend Signals
  • Stocks Dashboard
Try it free for 7 days
Combined 55% Lifetime Discount
ULTRA
$576 ($48/mo) $345.60/yr ($28.80/mo)
7-day free trial
  • Everything in Premium
  • 15min & 1hr Intraday Signals
  • Group & weekly ETF estimates
  • YouTuber Mode
  • Trades summary + CSV export
  • Priority data & support
Try it free for 7 days
Combined 55% Lifetime Discount

LNC Financials: Earnings, Revenue, Cash Flow, Ebitda, Cash/Debt, Shares Float, etc:

LNC - Revenue
LNC Revenue CAGR:1Y: 12.52%2Y: -0.08%5Y: -1.17%10Y: 3.30%
LNC - Earnings Per Share (EPS)
LNC EPS CAGR:1Y: 76.38%2Y: 14.68%5Y: 15.01%10Y: 17.41%
LNC - Net Income
LNC Net Income CAGR:1Y: 90.56%2Y: 21.99%5Y: 15.72%10Y: 15.15%
LNC - EBITDA
LNC EBITDA CAGR:1Y: 103.42%2Y: 25.46%5Y: 15.56%10Y: 13.60%
LNC - Free Cash Flow
LNC Free Cash Flow CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
LNC - Free Cash Flow / Share
LNC Free Cash Flow / Share CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
LNC - Operating Income
LNC Operating Income CAGR:1Y: 93.75%2Y: 22.44%5Y: 14.44%10Y: 13.05%
LNC - Gross Profit
LNC Gross Profit CAGR:1Y: 0.00%2Y: 0.00%5Y: -1.28%10Y: 3.22%
LNC - Shares Outstanding
LNC Shares Outstanding CAGR:1Y: 8.76%2Y: 7.14%5Y: 0.52%10Y: -1.98%
LNC - Share Buybacks
LNC Share Buybacks CAGR:1Y: 0.00%2Y: 0.00%5Y: -31.27%10Y: -21.97%
LNC - Stock-Based Comp
LNC Stock-Based Comp CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
LNC - Expenses
LNC Expenses CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
LNC - Revenue by Segment
LNC Revenue CAGR:1Y: 12.52%2Y: -0.08%5Y: -1.17%10Y: 3.30%

Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:

LNC - REVENUE: Actual + Estimates
LNC Actual Revenue CAGR:1Y: 12.52%2Y: -0.08%5Y: -1.17%10Y: 3.30%
LNC - EPS: Actual + Estimates
LNC Actual EPS CAGR:1Y: 76.38%2Y: 14.68%5Y: 15.01%10Y: 17.41%
LNC - NET INCOME: Actual + Estimates
LNC Actual Net Income CAGR:1Y: 90.56%2Y: 21.99%5Y: 15.72%10Y: 15.15%
LNC - EBITDA: Actual + Estimates
LNC Actual EBITDA CAGR:1Y: 103.42%2Y: 25.46%5Y: 15.56%10Y: 13.60%

Ratios, Profit Margins & Return on Capital:

LNC - Net Profit Margin
LNC Net Profit Margin CAGR:1Y: 70.52%2Y: 22.52%5Y: 17.26%10Y: 11.55%
LNC - Gross Profit Margin
LNC Gross Profit Margin CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.03%10Y: 0.00%
LNC - Price to Earnings
LNC Price to Earnings CAGR:1Y: -42.13%2Y: -7.03%5Y: -22.54%10Y: -15.62%
LNC - Price To Sales Ratio
LNC Price To Sales Ratio CAGR:1Y: -0.47%2Y: 13.44%5Y: -9.33%10Y: -5.95%
LNC - Return on Capital Employed
LNC Return on Capital Employed CAGR:1Y: 11.02%2Y: 13.20%5Y: 11.67%10Y: -16.25%
LNC - Return on Invested Capital
LNC Return on Invested Capital CAGR:1Y: 4,045.80%2Y: 595.43%5Y: 36.86%10Y: 21.01%

Compare stocks side-by-side

LNC Dividends Info:

Annual Dividend: $1.8
Forward Yield: 4.35%
Ex-Dividend Date: 2026-10-09
Lifetime Dividends / Share: $43.83

LNC Dividend History: Dates, Payments & Yield list

Below is a schedule of all LNC dividend payments, ex-dates, share price on the day of the payment as well as the annualized yield & forward yield

Ex-Date Payment Date Amount Yield Forward Yield Price on Ex-Date
10/09/202610/12/2026$0.4504.47%4.45%$40.49
07/10/202607/13/2026$0.4504.53%4.41%$40.85
04/10/202604/13/2026$0.4505.26%5.16%$34.91
01/12/202601/14/2026$0.4504.3%4.31%$41.79
10/10/202510/13/2025$0.4504.73%4.59%$39.24
07/10/202507/14/2025$0.4505.26%5.19%$34.69
04/10/202504/14/2025$0.4506.04%6%$29.98
01/10/202501/13/2025$0.4505.99%5.85%$30.76
10/10/202410/14/2024$0.4505.73%5.47%$32.91
07/10/202407/12/2024$0.4505.72%5.59%$32.19
04/09/202404/11/2024$0.4506.03%6.2%$29.01
01/09/202401/11/2024$0.4506.51%6.49%$27.75
10/06/202310/09/2023$0.4507.79%7.79%$23.12
07/07/202307/10/2023$0.4506.9%6.94%$25.93
04/06/202304/10/2023$0.4508.78%8.59%$20.95
01/09/202301/11/2023$0.4505.87%5.61%$32.06
10/06/202211/01/2022$0.4503.76%3.34%$53.96
07/08/202208/01/2022$0.4503.8%3.54%$50.90
04/08/202205/02/2022$0.4502.8%2.95%$61.12
01/07/202202/01/2022$0.4502.46%2.53%$71.17
10/07/202111/01/2021$0.4202.33%2.27%$74.10
07/09/202108/02/2021$0.4202.71%2.76%$60.79
04/09/202105/03/2021$0.4202.68%2.6%$64.62
01/08/202102/01/2021$0.4203.27%3.63%$46.28
10/08/202011/01/2020$0.4004.49%4.4%$36.37
07/09/202008/01/2020$0.4004.89%4.26%$37.58
04/09/202005/01/2020$0.4004.67%4.93%$32.48
01/09/202002/01/2020$0.4002.69%2.94%$54.42
10/09/201911/01/2019$0.3702.72%2.55%$58.02
07/09/201908/01/2019$0.3702.26%2.47%$59.82
04/09/201905/01/2019$0.3702.39%2.24%$66.05
01/09/201902/01/2019$0.3702.72%2.52%$58.65
10/09/201811/01/2018$0.3301.88%2.16%$61.06
07/09/201808/01/2018$0.3302.02%1.95%$67.66
04/09/201805/01/2018$0.3301.93%1.88%$70.20
01/09/201802/01/2018$0.3301.62%1.54%$85.91
10/06/201711/01/2017$0.2901.55%1.54%$75.56
07/06/201708/01/2017$0.2901.67%1.58%$73.59
04/06/201705/01/2017$0.2901.77%1.75%$66.22
01/06/201702/01/2017$0.2901.72%1.68%$68.92
10/05/201611/01/2016$0.2502.04%2.05%$48.83
07/07/201608/01/2016$0.2502.67%2.31%$43.27
04/07/201605/02/2016$0.2502.68%2.27%$44.13
01/07/201602/01/2016$0.2502.2%2.55%$39.23
10/07/201511/01/2015$0.2001.62%1.46%$54.65
07/08/201508/01/2015$0.2001.42%1.42%$56.18
04/08/201505/01/2015$0.2001.41%1.39%$57.49
01/08/201502/01/2015$0.2001.44%1.55%$51.59
10/08/201411/01/2014$0.1601.24%1.17%$54.57
07/08/201408/01/2014$0.1601.24%1.25%$51.15
04/08/201405/01/2014$0.1601.33%1.32%$48.50
01/08/201402/01/2014$0.1601.23%1.4%$45.78
10/08/201311/01/2013$0.1201.15%1.05%$45.60
07/08/201308/01/2013$0.1201.24%1.08%$44.44
04/05/201305/01/2013$0.1201.55%1.44%$33.32
01/08/201302/01/2013$0.1201.75%1.63%$29.50
10/05/201211/01/2012$0.0801.31%1.26%$25.43
07/06/201208/01/2012$0.0801.54%1.61%$19.84
04/04/201205/01/2012$0.0801.25%1.28%$24.92
01/06/201202/01/2012$0.0801.6%1.45%$22.12
10/06/201111/01/2011$0.0501.26%1.11%$17.98
07/07/201108/01/2011$0.0500.68%0.76%$26.30
04/07/201105/01/2011$0.0500.66%0.64%$31.43
01/06/201102/01/2011$0.0500.68%0.66%$30.32
10/06/201011/01/2010$0.0100.16%0.16%$24.27
07/07/201008/01/2010$0.0100.16%0.15%$26.46
04/07/201005/01/2010$0.0100.13%0.13%$31.20
01/07/201002/01/2010$0.0100.15%0.16%$24.93
10/07/200911/01/2009$0.0100.15%0.17%$23.29
07/08/200908/01/2009$0.0100.27%0.18%$22.66
04/07/200905/01/2009$0.0100.58%0.35%$11.39
01/07/200902/01/2009$0.2103.96%5.19%$16.18
10/08/200811/01/2008$0.4155.93%8.41%$19.74
07/08/200808/01/2008$0.4153.53%3.5%$47.43
04/07/200805/01/2008$0.4153.05%2.99%$55.48
01/08/200802/01/2008$0.4153.09%2.96%$56.09
10/05/200711/01/2007$0.3952.33%2.61%$60.56
07/06/200708/01/2007$0.3952.22%2.63%$60.00
04/04/200705/01/2007$0.3952.34%2.23%$70.79
01/08/200702/01/2007$0.3952.44%2.32%$68.01
10/10/200611/01/2006$0.3802.41%2.43%$62.55
07/06/200608/01/2006$0.3802.72%2.69%$56.49
04/11/200605/01/2006$0.3802.73%2.65%$57.29
01/06/200602/01/2006$0.3802.8%2.83%$53.77
10/05/200511/01/2005$0.3652.9%2.92%$50.07
07/07/200508/01/2005$0.3653.09%3.02%$48.36
04/07/200505/01/2005$0.3653.22%3.26%$44.76
01/06/200502/01/2005$0.3653.13%3.14%$46.51
10/06/200411/01/2004$0.3502.97%3.26%$42.97
07/07/200408/01/2004$0.3503.12%3.18%$44.04
04/06/200405/01/2004$0.3502.83%3.13%$44.73
01/07/200402/01/2004$0.3503.32%3.13%$44.66
10/08/200311/01/2003$0.3353.56%3.34%$40.08
07/08/200308/01/2003$0.3353.5%3.69%$36.28
04/07/200305/01/2003$0.3354.51%4.17%$32.10
01/08/200302/01/2003$0.3353.97%4.33%$30.96
10/08/200211/01/2002$0.3204.81%4.08%$31.40
07/08/200208/01/2002$0.3203.22%3.67%$34.85
04/08/200205/01/2002$0.3202.5%2.7%$47.33
01/08/200202/01/2002$0.3202.59%2.51%$51.05
10/05/200111/01/2001$0.3052.67%2.81%$43.43
07/06/200108/01/2001$0.3052.45%2.4%$50.91
04/06/200105/01/2001$0.3052.86%2.58%$47.35
01/08/200102/01/2001$0.3052.93%2.69%$45.29
10/05/200011/01/2000$0.2902.4%2.42%$48.00
07/06/200008/01/2000$0.2903.05%2.61%$44.38
04/06/200005/01/2000$0.2903.69%3.32%$34.94
01/06/200002/01/2000$0.2903.14%3.08%$37.69
10/06/199911/01/1999$0.2752.81%2.39%$45.94
07/07/199908/01/1999$0.2762.01%2.16%$51.13
04/07/199905/01/1999$0.2752.26%2.27%$48.50
01/06/199902/01/1999$0.2752.67%2.71%$40.53
10/07/199811/01/1998$0.2602.75%2.72%$38.19
07/08/199808/01/1998$0.2602.22%2.13%$48.78
04/07/199805/01/1998$0.2602.35%2.35%$44.31
01/07/199802/01/1998$0.2602.71%2.7%$38.50
10/08/199711/01/1997$0.2452.73%2.82%$34.72
07/08/199708/01/1997$0.2453%2.73%$35.94
04/08/199705/01/1997$0.2453.77%3.54%$27.69
01/08/199702/01/1997$0.2453.75%3.68%$26.63
10/08/199611/01/1996$0.2303.99%3.81%$24.13
07/08/199608/01/1996$0.2304.19%4.28%$21.50
04/08/199605/01/1996$0.2303.72%3.87%$23.75
01/08/199602/01/1996$0.2303.55%3.54%$26.00
10/05/199511/01/1995$0.2153.68%3.81%$22.56
07/06/199508/01/1995$0.2154.04%4.17%$20.63
04/04/199505/01/1995$0.2154.29%4.21%$20.44
01/04/199502/01/1995$0.2154.86%4.73%$18.19
10/03/199411/01/1994$0.2054.4%4.43%$18.50
07/01/199408/01/1994$0.2053.9%4.33%$18.94
04/04/199405/01/1994$0.2054.33%4.27%$19.19
01/04/199402/01/1994$0.2053.73%3.93%$20.88
10/04/199311/01/1993$0.1903.3%3.35%$22.69
07/02/199308/01/1993$0.1903.96%3.49%$21.75
04/02/199305/01/1993$0.1903.8%3.83%$19.84
01/04/199302/01/1993$0.1904.22%4.19%$18.13
10/05/199211/01/1992$0.1834.5%4.37%$16.69
07/06/199208/01/1992$0.1834.72%4.46%$16.38
04/06/199205/01/1992$0.1835.38%5.56%$13.13
01/06/199202/01/1992$0.1835.42%5.1%$14.31
10/04/199111/01/1991$0.1705.67%5.22%$13.03
07/03/199108/01/1991$0.1705.98%5.94%$11.44
04/04/199105/01/1991$0.1705.22%5.31%$12.81
01/04/199102/01/1991$0.1706.88%6.04%$11.25
10/03/199011/01/1990$0.1636.03%8.32%$7.81
07/03/199008/01/1990$0.1634.73%4.88%$13.31
04/04/199005/01/1990$0.1634.88%4.98%$13.06
01/04/199002/01/1990$0.1634.34%4.8%$13.53
10/03/198911/01/1989$0.1554.35%4.15%$14.94
07/03/198908/01/1989$0.1554.91%4.57%$13.56
04/04/198905/01/1989$0.1554.98%5%$12.41
01/04/198902/01/1989$0.1555.74%5.14%$12.06
10/03/198811/01/1988$0.1484.66%4.71%$12.53
07/01/198808/01/1988$0.1485.1%4.92%$12.00
04/04/198805/01/1988$0.1485.12%5.26%$11.22
01/04/198802/01/1988$0.1485.52%5.12%$11.53
10/05/198711/01/1987$0.1354.19%4.95%$10.91
07/06/198708/01/1987$0.1354.3%4.04%$13.38
04/06/198705/01/1987$0.1354.36%4.62%$11.69
01/05/198702/01/1987$0.1354.26%4.27%$12.66
04/03/198511/30/-0001$0.1154.6%4.6%$10.00
07/03/198511/30/-0001$0.1154.38%4.38%$10.50
10/04/198511/30/-0001$0.1154.34%4.34%$10.59
01/06/198611/30/-0001$0.1253.86%3.86%$12.94
04/04/198611/30/-0001$0.1253.64%3.64%$13.75
07/03/198611/30/-0001$0.1253.77%3.77%$13.28
10/06/198611/30/-0001$0.1254%4%$12.50
01/04/198511/30/-0001$0.1154.89%4.89%$9.41

Projected Future Returns & Dividends for LNC

Based on past 10-year performance, here are LNC growth metrics:

Share price CAGR of -1.76%
Dividend CAGR of +6.09%

Using LNC CAGR metrics, we can estimate that your initial $10000 investment, over the next 10 years, should grow as follows:

LNC (DRIP)LNC - No DRIP
Current Price$41.37$41.37
Start Shares241.72241.72
Start Value$10,000$10,000
  
After 10 years:
Final Share Count451.59241.72
Dividends Payment$0.81$0.81
Annual Dividends$1,468$786
Yield on cost14.68%7.86%
Share Price$34.62$34.62
Total Dividends$7,865$5,759
Final Value$15,636$14,128

Estimated Future Value + Dividends - LNC

NOTE: Above numbers are our estimate based on LNC's Dividend and Price CAGR over past 10 years. These numbers should only be considered as "potential future returns"! DRIP assumes reinvesting dividends; No-DRIP assumes collecting dividends as cash.

We cannot guarantee that your actual returns will meet these estimates.

Get the best Dividend Stock Research Tools:

Get 3 Months Free with Annual Plan
PRO
$171 ($14.25/mo) $102.60/yr ($8.55/mo)
7-day free trial
  • Unlimited Portfolio Tracker
  • Portfolio - Lots/Sales/Dividends
  • Portfolio Auto-DRIP
  • Buy/Sell Signals Dashboard
  • Stock Fundamentals
  • Compare Stocks Side-by-Side
  • Revenue & EPS Estimates
  • DCF Valuation Modeling
Try it free for 7 days
Combined 55% Lifetime Discount
Most Popular
PREMIUM
$288 ($24/mo) $172.80/yr ($14.40/mo)
7-day free trial
  • Everything in Pro
  • YieldMax PNL Tracker
  • YieldMax NAV Erosion Alerts
  • YM ETFs Trend Signals
  • 9/21 EMA Trend Signals
  • Stocks Dashboard
Try it free for 7 days
Combined 55% Lifetime Discount
ULTRA
$576 ($48/mo) $345.60/yr ($28.80/mo)
7-day free trial
  • Everything in Premium
  • 15min & 1hr Intraday Signals
  • Group & weekly ETF estimates
  • YouTuber Mode
  • Trades summary + CSV export
  • Priority data & support
Try it free for 7 days
Combined 55% Lifetime Discount

Company Info

Lincoln National Corporation (LNC) had its IPO on 1980-03-17, and is traded on NYSE stock exchange.

Lincoln National Corporation (LNC) is a U.S.-based financial services company primarily involved in the insurance and retirement sectors. Operating through various subsidiaries, its operations are structured across four key divisions: Annuities, Retirement Plan Services, Life Insurance, and Group Protection. The Annuities division provides a range of annuity products, including fixed, variable, and indexed variable options. Its Retirement Plan Services segment caters to employers, focusing predominantly on the defined contribution market. This unit delivers a suite of retirement solutions, encompassing individual and group variable and fixed annuities, alongside mutual fund-based programs. Furthermore, it offers comprehensive plan administration services such as recordkeeping, compliance verification, participant education, and trust and custodial support. The Life Insurance segment delivers various life coverage options, from term insurance to universal life products, specifically single and survivorship universal life, variable universal life, and indexed universal life policies. It also makes available critical illness and long-term care riders to enhance these plans. Finally, the Group Protection segment focuses on providing non-medical group insurance benefits and services to the employer sector. Its offerings include short-term and long-term disability, statutory disability, paid family medical leave administration, and absence management. Additionally, it offers group term life, dental, vision, accident, and critical illness coverage, all available through both employee-contributed and employer-funded schemes. Lincoln National distributes its financial products and services through an extensive network of consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediary partners. Established in 1905, Lincoln National Corporation maintains its headquarters in Radnor, Pennsylvania.

LNC website: https://www.lincolnfinancial.com


Get Full Access to All Reports with DRIPCalc PRO

Get 3 Months Free with Annual Plan
PRO
$171 ($14.25/mo) $102.60/yr ($8.55/mo)
7-day free trial
  • Unlimited Portfolio Tracker
  • Portfolio - Lots/Sales/Dividends
  • Portfolio Auto-DRIP
  • Buy/Sell Signals Dashboard
  • Stock Fundamentals
  • Compare Stocks Side-by-Side
  • Revenue & EPS Estimates
  • DCF Valuation Modeling
Try it free for 7 days
Combined 55% Lifetime Discount
Most Popular
PREMIUM
$288 ($24/mo) $172.80/yr ($14.40/mo)
7-day free trial
  • Everything in Pro
  • YieldMax PNL Tracker
  • YieldMax NAV Erosion Alerts
  • YM ETFs Trend Signals
  • 9/21 EMA Trend Signals
  • Stocks Dashboard
Try it free for 7 days
Combined 55% Lifetime Discount
ULTRA
$576 ($48/mo) $345.60/yr ($28.80/mo)
7-day free trial
  • Everything in Premium
  • 15min & 1hr Intraday Signals
  • Group & weekly ETF estimates
  • YouTuber Mode
  • Trades summary + CSV export
  • Priority data & support
Try it free for 7 days
Combined 55% Lifetime Discount
Loading signals…

DCF Model — LNC

Value from:
Pay up to today
—
vs current price $41.37
—
Cash flow & implied price by year

FCF is negative or missing for this company (common for banks) — the model discounts EPS instead.

EPS is negative or missing for this company — Simple mode uses free cash flow per share instead.

Free cash flow today
—
grows for the next years
Then mature
—
every future dollar counted back to today
Pile of today-dollars
—
÷ shares
Implied price path
YearFCFImplied price
Sensitivity — fair value: growth ↓ × target return →