Lincoln National Increases Quarterly Dividend 50% to 12 Cents

Lincoln National Corp. (LNC) the insurer that hired Ellen Cooper from Goldman Sachs Group Inc. as chief investment officer, increased the size of its dividend by 50 percent.

The dividend of 12 cents per share is payable Feb. 1 to shareholders of record as of Jan. 10, the Radnor, Pennsylvania- based insurer said today in a statement distributed by PR Newswire.

To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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