LFM Revenues Rise $75 Million In 2010
March 1, 2011
Lincoln National Group's 10K annual report with the Securities and Exchange Commission shows a rise in "media revenue" for the insurance giant, to $75 million in 2010, up from $68 million in 2009. That category covers Lincoln Financial Media, which has radio stations in Miami, San Diego, Denver, and Atlanta.
Lincoln National Corp. overall brought in total operating revenues of $487 million for the year, up from $465 million in 2009. In other news, the LNC board declared a cash dividend of 5 cents per share on common stock, payable May 1 to shareholders of record as of April 11. Additionally, a dividend of 75 cents per share on Series A cumulative convertible preferred stock is payable June 5 to shareholders of record as of May 16.