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Lilly Announces 15 Percent Dividend Increase

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Eli Lilly and Company (NYSE: LLY) has announced a 15% increase in its quarterly dividend, raising it to $0.85 per share for Q1 2021. This adjustment elevates the annual indicated rate to $3.40 per share. Shareholders of record on February 12, 2021, will receive the dividend on March 10, 2021.

Positive
  • 15% dividend increase signals company confidence.
  • Annual dividend raised to $3.40 per share, enhancing shareholder income.
Negative
  • None.

INDIANAPOLIS, Dec. 14, 2020 /PRNewswire/ -- The board of directors of Eli Lilly and Company (NYSE: LLY) today announced a 15 percent increase in its quarterly dividend. The dividend for the first quarter of 2021 will be $0.85 per share on outstanding common stock. This raises the annual indicated rate to $3.40 per share. 

The dividend is payable March 10, 2021, to shareholders of record as of the close of business on February 12, 2021.

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 http://newsroom.lilly.com/social-channels.  F-LLY   

Refer to:

Mark Taylor; mark.taylor@lilly.com; (317) 276-5795 (Media)


Kevin Hern; hern_kevin_r@lilly.com; (317) 277-1838 (Investors)

 

Eli Lilly and Company logo. (PRNewsfoto/Eli Lilly and Company)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/lilly-announces-15-percent-dividend-increase-301192378.html

SOURCE Eli Lilly and Company

FAQ

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

Eli Lilly has increased its dividend to $0.85 per share.

When will Eli Lilly (LLY) pay the dividend?

The dividend will be payable on March 10, 2021.

What date is the ex-dividend for Eli Lilly (LLY)?

The ex-dividend date is February 12, 2021.

How much is the annual dividend for Eli Lilly (LLY) after the increase?

The annual dividend rate is now $3.40 per share.

Eli Lilly & Co.

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713.43B
950.41M
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Drug Manufacturers - General
Pharmaceutical Preparations
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United States of America
INDIANAPOLIS