You are correct, fung. They "basically" are similar, even though LNCO pays a bit more. However, there is one major difference.
With LNCO, I can hold it in an IRA, a perfect place for buying high dividend stocks. It was basically created to allow folks like me the ability to buy LNCO penalty free in an IRA. With LINE, I would be penalized for any dividends exceeding $1,000.00 per year.
Both LINE and LNCO are excellent stocks, even though they are the same company....