Lincoln National (FRA:LCO) Shareholder Yield % : 4.98% (As of Mar. 2026) — 37% Below Median


FRA:LCO Lincoln National Corp FRA:LCO
67 GF Score
Price €32.15
GF Value €38.61
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Lincoln National Shareholder Yield %?

Lincoln National FRA:LCO +2.06% 67 Shareholder Yield % is 4.98% as of Mar. 2026, which is 37% below its 10-year median of 7.87. GuruFocus rates FRA:LCO with a GF Score™ of 67/100 and a GF Value™ of €38.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 492 Insurance companies, Lincoln National ranks better than 67.68% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Lincoln National's Shareholder Yield % was 4.98%.


Lincoln National  (FRA:LCO) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Lincoln National Shareholder Yield % Related Terms


Lincoln National Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for Lincoln National's Shareholder Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lincoln National Shareholder Yield % Chart

Lincoln National Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.34 18.11 13.20 6.70 -3.06

Lincoln National Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shareholder Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.38 6.90 6.87 -3.06 5.20

FRA:LCO vs JXN, PRI, CNO: Shareholder Yield % Comparison

For the Insurance - Life subindustry, Lincoln National's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lincoln National Shareholder Yield % vs Insurance Industry

For the Insurance industry and Financial Services sector, Lincoln National's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where Lincoln National's Shareholder Yield % falls into.


FRA:LCO
67GF Score
Lincoln National Corp FRA:LCO
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Lincoln National Shareholder Yield % Calculation

Lincoln National's Shareholder Yield % for the quarter that ended in Mar. 2026 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=5.23 %+0.00 %+7.44 %
=12.67 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 4.98% mean?
Lincoln National (FRA:LCO) has a Shareholder Yield % of 4.98% as of Mar. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Lincoln National and its competitors. This is 37% below median its historical median of 7.87. According to the industry distribution chart, Lincoln National ranks #159 out of 492 companies in the Insurance industry, placing it in the top 32.3%.
Is Lincoln National's Shareholder Yield % too high?
Lincoln National's current Shareholder Yield % of 4.98% is 37% below median its 10-year median of 7.87. The Insurance industry median Shareholder Yield % is 2.77. Lincoln National's value of 4.98% is 79.8% above this industry median. Based on the distribution chart, Lincoln National ranks #159 out of 492 companies in the Insurance industry, which is above the industry midpoint. Overall, Lincoln National has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lincoln National's Shareholder Yield % compare to JXN and PRI?
According to the Insurance industry distribution chart, Lincoln National ranks #159 out of 492 companies for Shareholder Yield %. This puts Lincoln National in the upper half of its industry. The industry median Shareholder Yield % is 2.77. Lincoln National's value of 4.98% is 79.8% above this benchmark. While the company's 10-year median is 7.87 vs. the industry median of 2.77, Lincoln National has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for an Insurance company?
The median Shareholder Yield % among Insurance companies is 2.77, based on 492 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lincoln National's current Shareholder Yield % of 4.98% is 79.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Lincoln National and its competitors. For the Insurance industry, the median Shareholder Yield % is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln National's current Shareholder Yield % is 4.98%, which is 37% below median its own 10-year median of 7.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincoln National stock overvalued right now?
Based on GuruFocus' analysis, Lincoln National (FRA:LCO) is currently considered Modestly Undervalued. The stock's GF Value™ is €38.61, compared to a current price of €32.15 — trading 16.7% below its estimated fair value. The current Shareholder Yield % is 4.98%, which is 37% below median its 10-year median of 7.87 and 79.8% above the Insurance industry median of 2.77. Lincoln National's overall GF Score™ is 67/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Lincoln National (FRA:LCO), the current Shareholder Yield % is 4.98% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lincoln National (FRA:LCO) Overvalued in 2026?

Based on GuruFocus' analysis, Lincoln National stock appears to be undervalued. The current stock price of €32.15 is trading 16.7% below its estimated GF Value™ of €38.61. GuruFocus considers Lincoln National to be Modestly Undervalued.

Key valuation signals for FRA:LCO:

  • Shareholder Yield %: 4.98% (37% below median its 10-year median of 7.87)
  • GF Value™: €38.61 vs. price of €32.15 (16.7% below fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 79.8% above the Insurance median (#159 of 492)

No single metric tells the full story. See the FRA:LCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lincoln National Business Description

Other Exchanges LNC:USA0JV3:UKL1NC34:Brazil
Address 150 North Radnor-Chester Road, Suite A305, Radnor, PA, USA, 19087
Lincoln National Corp operates multiple insurance and retirement businesses. The company's operating segment includes Annuities; Retirement Plan Services; Life Insurance and Group Protection. Its products include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL and VUL, indexed universal life insurance (IUL), term life insurance, employer-sponsored retirement plans and services, and group life, disability, and dental.
67GF Score

Get the complete analysis for FRA:LCO

Shareholder Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€32.15
Price
€38.61
GF Value