Lincoln National Corp. (Symbol: LNC) has secured a spot in the prestigious Top 10 dividend-paying financial stock list by Dividend Channel in its latest ”DividendRank” report. This recognition underscores LNC’s attractive valuation metrics and robust profitability indicators within the financial sector. Notably, LNC’s recent share price of $28.14 reflects a price-to-book ratio of 2.2 and an annual dividend yield of 6.40%, outperforming the average stock in Dividend Channel’s coverage universe, which yields 4.1% and trades at a price-to-book ratio of 2.5.
Stock Valuation and Dividend History
Highlighting its strong fundamentals, LNC has a compelling quarterly dividend history and favorable long-term multi-year growth rates across key data points. The current annualized dividend paid by the company stands at $1.8 per share, distributed in quarterly installments, with the most recent dividend carrying an upcoming ex-date of 01/09/2024. Crucially, assessing the company’s past dividend history is considered instrumental in evaluating the likelihood of the most recent dividend continuing its positive trend.
The DividendRank Formula
Dividend Channel’s approach to identifying top dividend-paying stocks involves a value-based investment perspective. The proprietary DividendRank formula ranks the coverage universe based on profitability and valuation criteria, generating a select list of stocks intended to serve as inspiration for further investor research.
Stock images and comparisons can be helpful, but they are not always a true reflection of a company’s performance or long-term potential, as recognized by seasoned investors and analysts. In the long run, a company’s true worth lies in its ability to generate value and deliver consistent returns to its shareholders. LNC’s inclusion in Dividend Channel’s elite group underlines its financial strength and commitment to rewarding investors.
While other related links may offer interesting insights into the financial market, Dividend Channel’s endorsement of LNC underscores its bright prospects within the competitive financial landscape.