PHILADELPHIA, March 9 /PRNewswire-FirstCall/ -- The board of directors of Lincoln National Corporation , the parent company of the Lincoln Financial Group of companies, today declared a quarterly cash dividend of $.38 per share on the corporation's common shares and $.75 per share on preferred shares.
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The dividend on the common stock will be payable May 1, 2006 to shareholders of record at the close of business on April 14, 2006. The dividend on the corporation's $3 Cumulative Convertible Preferred Stock Series A will be payable June 5, 2006 to shareholders of record at the close of business on May 12, 2006.
Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. With headquarters in Philadelphia, Lincoln Financial Group had consolidated assets of $125 billion as of December 31, 2005, and had consolidated revenues of $5.5 billion in 2005. Through its wealth accumulation, retirement income and wealth protection businesses, the company provides annuities, life insurance, 401(k) and 403(b) plans, savings plans, mutual funds, managed accounts, institutional investment, and comprehensive financial planning and advisory services.
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