Lilly Announces 15 Percent Dividend Increase, First-Quarter 2022 Dividend

Rhea-AI Summary

Eli Lilly has announced a 15% increase in its quarterly dividend, declaring a payment of $0.98 per share for Q1 2022. This dividend will be payable on March 10, 2022, to shareholders recorded by the close of business on February 15, 2022. The increase reflects Lilly's commitment to return value to shareholders amidst its ongoing commitment to healthcare innovation.

Positive

• 15% increase in quarterly dividend
• Dividend of $0.98 per share for Q1 2022
• Confidence in sustaining shareholder value

Negative

• Significant risks in pharmaceutical research and development
• Uncertainties in business development activities affecting future dividends

INDIANAPOLIS, Dec. 13, 2021 /PRNewswire/ -- The board of directors of Eli Lilly and Company (NYSE: LLY) has announced a 15 percent increase in its quarterly dividend and declared a dividend for the first quarter of 2022 of $0.98 per share on outstanding common stock.

The dividend is payable on March 10, 2022 to shareholders of record at the close of business on Feb. 15, 2022.

About Eli Lilly and Company  
Lilly is a global healthcare leader that unites caring with discovery to create medicines that make life better for people around the world. We were founded more than a century ago by a man committed to creating high-quality medicines that meet real needs, and today we remain true to that mission in all our work. Across the globe, Lilly employees work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to communities through philanthropy and volunteerism. To learn more about Lilly, please visit us at www.lilly.com and www.lilly.com/news. F-LLY

Lilly Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) related to expected dividend payments and reflects Lilly's current beliefs and expectations. However, there are significant risks and uncertainties in pharmaceutical research and development, as well as in business development activities and capital allocation strategies related to the company's business and actual results may differ materially due to various factors.  For a further discussion of these and other risks and uncertainties that could cause actual results to differ from Lilly's expectations, please see Lilly's most recent Forms 10-K and 10-Q filed with the U.S. Securities and Exchange Commission. Lilly undertakes no duty to update forward-looking statements.

Refer to: 
Jordan Bishop; jordan.bishop@lilly.com; 317-473-5712 (Media)
Kevin Hern; hern_kevin_r@lilly.com; 317-277-1838 (Investors) 

 

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SOURCE Eli Lilly and Company

FAQ

What is the new dividend amount for Eli Lilly (LLY) in 2022?

Eli Lilly has declared a new dividend amount of $0.98 per share for the first quarter of 2022.

When will Eli Lilly's Q1 2022 dividend be paid?

The dividend will be payable on March 10, 2022.

What is the record date for Eli Lilly's dividend?

Shareholders must be on record by the close of business on February 15, 2022, to receive the dividend.

How often does Eli Lilly pay dividends?

Eli Lilly typically pays dividends quarterly.

Are there any risks associated with Eli Lilly's dividend payments?

Yes, there are significant risks and uncertainties in pharmaceutical research and development that may impact future dividend payments.