Summary Report: Lincoln National Corp
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Founded in 1905 and is headquartered in Radnor, Pennsylvania, Lincoln National Corporation has the ticker symbol LNC.
The corporation through its subsidiaries, operates multiple insurance and retirement businesses in the United States.
It operates through four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services.
It distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, financial institutions, and other intermediaries.
Three key data points gauge LNC or any dividend paying entity, namely:
(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’s share price increased about 11% in the past year from $31.38 to $34.87 as of Tuesday’s closing price.
LNC Dividends
Lincoln National has paid regular quarterly dividends since August 1989.
The current forward looking annual dividend of $1.80 yields 5.16% per Tuesday’s $34.87 closing price.
LNC Returns
Putting it all together, a $4.93 estimated gross gain per share shows up when adding Lincoln National annual $1.80 dividend to an estimated $3.13 annual price gain.
That eleven-analyst-estimated annual gain, plus the dividend, makes that $4.93 gross gain.
A little over $1000 invested at the recent $34.87 share price would buy 29 shares which, multiply the $4.93 gross gain estimate up to $141.38
Furthermore, over 36.5% of that $141,00 gain comes from the $51.60 in annual dividends generated from your $1,000 investment.
And the $51.60 annual dividend amounts to about 1.5 times the recent $34.87 single-share price.
(My dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)
Therefore, you may choose to pounce on Lincoln National Corporation and its 5.16% dividend yield along with its 36 year dividend record.
The exact track of LNC future share 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 ...
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