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Lincoln National Corporation (LNC) was founded in 1905 and is headquartered in Radnor, Pennsylvania.

Through its subsidiaries, LNC operates multiple insurance and retirement businesses in the United States.

It operates through four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services. 

Three key data points gauge LNC or any dividend-paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

Those keys also indicate if any company has made, is making, and will make money.

LNC Price

Lincoln's share price rose 6% from $32.31 to $34.38 in the past year.

LNC Dividends

Lincoln has paid variable quarterly dividends since August 1989.

The current forward-looking annual dividend of $1.80 yields 5.24% per Tuesday’s $34.38 closing price.

LNC Returns

Putting it all together, a $5.92 estimated gross gain per share shows up when adding Lincoln’s annual $1.80 dividend to an estimated $4.12 annual price gain (the median set by 11 analysts ). 

That estimated one-year target gain, plus the dividend, compose the $5.92 gross gain.

A little over $1000 invested at the recent $34.38 share price would buy 29 shares, which multiply the $5.92 gross gain estimate up to $172.19

Furthermore, about 41% of that $172.00 gain comes from the $52.40 in annual dividends generated from a $1,000 investment.

Besides, the $52.40 annual dividend amounts to over 1.5 times more than the recent $34.38 single-share price.

(A 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 Corp and its 5.24% dividend yield along with its 36-year dividend record.

The exact track of LNC’s future share price 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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