Lincoln National (LNC) is trading higher as the market approaches the stock’s next dividend event, which can spur short-term demand from income-focused investors and dividend-capture strategies. The next ex-dividend date is April 9, 2026, with a quarterly dividend of $0.45 per share scheduled to be paid on May 1, 2026.

Lincoln National’s board declared the $0.45 quarterly dividend with shareholders of record as of April 10, 2026, and the upcoming ex-dividend date falling immediately before that record date. With LNC’s annualized payout at $1.80 per share, the stock’s yield has remained a notable part of the investment case as the company works through its broader earnings and capital narrative.

After the ex-dividend date passes, investors will watch whether LNC holds onto the gains or gives back part of the move as dividend-driven positioning unwinds. The next catalyst that can sustain momentum would likely be fundamental—such as updates on segment profitability, capital metrics, or further changes in Street expectations—rather than the dividend calendar alone.