Lincoln National Corporation’s Board of Directors Declares Quarterly Dividend

PHILADELPHIA, May 28 /PRNewswire-FirstCall/ -- The board of directors of Lincoln National Corporation (NYSE: LNC) declared a quarterly cash dividend of $0.01 per share on the corporation's common shares and $0.75 per share on preferred shares.

The dividend on the common stock will be payable August 1, 2010, to shareholders of record at the close of business on July 9, 2010. The dividend on the corporation's $3 Cumulative Convertible Preferred Stock Series A will be payable September 5, 2010, to shareholders of record at the close of business on August 13, 2010.

Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. With headquarters in the Philadelphia region, the companies of Lincoln Financial Group had assets under management of $146 billion as of March 31, 2010. Through its affiliated companies, Lincoln Financial Group offers: annuities; life, group life and disability insurance; 401(k) and 403(b) plans; savings plans; and comprehensive financial planning and advisory services. For more information, including a copy of our most recent SEC reports containing our balance sheets, please visit www.LincolnFinancial.com.

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SOURCE Lincoln Financial Group