Stock Analysis: Lincoln National
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Thursday’s Dog of the Day is Lincoln National Corp with the ticker (LNC). It has not been reviewed for any of my previous dog of the week portfolios.
Lincoln National Corp (LNC) operates multiple insurance and retirement businesses. The company's operating segments include Annuities; Retirement Plan Services; Life Insurance and Group Protection.
Lincoln National Corporation was founded in 1905 and is headquartered in Radnor, Pennsylvania.
Three key data points gauge
LNC or any dividend paying entity:
(1) Price
(2) Dividends
(3) Returns
Those keys also show if any company has made, is making, and will make money.
LNC Price
Lincoln National Corp price is up 13.2% for the year as of May 6th’s market price, from $29.14 to $32.98.
LNC Dividends
Lincoln National Corp has paid variable quarterly dividends since February, 1986. The current forward looking annual dividend of $1.80 yields 5.46% per May 6th’s closing market price.
LNC Returns
Putting it all together, a $5.82 estimated gross gain per share shows up by adding LNC’s annual $1.80 dividend to an estimated $4.02 average annual price gain over the past 5 years, totals that $5.82 gross gain amount.
A little over $1000 investment at the recent $32.98 share price would buy 30 shares which, multiplies the $5.82 gross gain to $174.60.
Furthermore near one third of that gross gain comes from the $54.60 in dividends promised from a $1,000 investment (which is almost 1.66 times greater than the recent $32.98 share price.)
(A dividend dogcatcher rule is to never buy a dividend from $1000 invested that pays less than the cost of a single share.)
Therefore, you may choose to pounce on Lincoln National Corp (LNC) dividend payment with its 39 year dividend record.
The exact track of LNC’s future prices and dividends will entirely be determined by market action and company finances.
Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.
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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
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