As per Lincoln National Corporation (NYSE:LNC) statement on 2016-08-18, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.25 per share as dividend to stakeholders. The record date is set as 2016-10-10, the payout date as 2016-11-01 and the ex-dividend date is 2016-10-05.
Last fiscal Lincoln National Corporation (NYSE:LNC) disbursed cash dividend of $0.25. A year ago, the payout was $0.25, which indicates a difference of 25%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.25, implying 82.0564% growth.
For the period ended on 2015-12-31, Lincoln National Corporation (NYSE:LNC)’s earnings came at $1.56 per share compared to EPS of $1.11 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-26. For this quarter, the analysts have earnings estimate of $1.61 per share.
The interim price target for Lincoln National Corporation (NYSE:LNC) is set at $50. This level is the mean price reached by averaging the stock views of 7 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Lincoln National Corporation (NYSE:LNC) is seen at $53 and the lowest level is established at $44. This broad range highlights a standard deviation of $3.464 in reported estimates.
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