Lincoln National Corp: Key Developments

Lincoln National Corporation Declares Quarterly Dividend
November 5, 2009
The Board of Directors of Lincoln National Corporation declared a quarterly cash dividend of $0.01 per share on the Company's common shares and $0.75 per share on preferred shares series A. The dividend on the common stock will be payable February 1, 2010, to shareholders of record at the close of business on January 11, 2010. The dividend on the Company's $3 Cumulative Convertible Preferred Stock Series A will be payable March 5, 2010, to shareholders of record at the close of business on February 12, 2010. The Company will also pay $11.9 million in dividends on the Fixed Rate Cumulative Perpetual Preferred Stock Series B on November 16, 2009.
Lincoln National Corporation's Lincoln Financial Group Launches Lincoln GrowSmart Fixed Annuity
October 14, 2009
Lincoln National Corporation's Lincoln Financial Group announced the introduction of its new single purchase payment product, Lincoln GrowSmart fixed annuity offered through broker dealer distribution. This new retirement solution helps people secure their financial futures by offering guaranteed tax deferred growth without market risk and the protection of a guaranteed death benefit for clients' beneficiaries. The solution also offers clients the flexibility of multiple interest rate guarantee periods to meet their specific needs.
Lincoln National Corporation Announces Sale Of Delaware Investments To Macquarie Group
August 19, 2009
Lincoln National Corporation announced that it has signed a definitive agreement to sell Delaware Management Holdings, Inc. and its subsidiaries (Delaware Investments), its asset management unit, to Macquarie Group. Lincoln Financial expects to receive cash consideration of approximately $428 million, subject to certain closing adjustments. The transaction is expected to close on or around December 31, 2009.
Lincoln National Corporation Declares Quarterly Dividend
August 6, 2009
Lincoln National Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common shares and $0.75 per share on preferred shares series A. The dividend on the common stock will be payable November 1, 2009, to shareholders of record at the close of business on October 9, 2009. The dividend on the Company's $3 Cumulative Convertible Preferred Stock Series A will be payable December 5, 2009, to shareholders of record at the close of business on November 13, 2009.
Lincoln National Corporation Comments On Quarterly Earnings Guidance-Conference Call
July 30, 2009
Lincoln National Corporation announced that it expects quarterly earnings to remain in the mid-single digits throughout the remainder of 2009.
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Page generated 11/23/2009 3:44 AM Eastern Time

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