Eli Lilly Raises Quarterly Dividend by 15% to $1.30
09 December 2023 - 4:08AM
Dow Jones News
By Colin Kellaher
Eli Lilly's board has raised the drug maker's quarterly dividend
by 15%, to $1.30 from $1.13.
The new payout, equal to $5.20 a year, represents an annual
yield of about 0.88% based on Friday's trading price of $587.22, up
from about 0.77%.
The Indianapolis company said the increased dividend is payable
March 8 to shareholders of record Feb. 15.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
December 08, 2023 11:53 ET (16:53 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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