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Insurance provider Lincoln National (NYSE: LNC ) announced today its third-quarter dividend of $0.12 per share, the same rate it's paid for the past three quarters, after raising the payout 50%, from $0.08 per share.
The board of directors said the quarterly dividend is payable on Nov. 1 to the holders of record at the close of business on Oct. 10. The regular dividend payment equates to a $0.48-per-share annual dividend, yielding 1.1% based on the closing price today of Lincoln National's stock.