AMGN vs LLY: Which Is the Better Dividend Stock?
As of Nov 2, 2026, AMGN and LLY are closely matched. AMGN offers the higher yield at 2.16%, LLY has the higher dividend-safety score, and AMGN looks like the better value (its fair-value estimate is 42% below its share price).
Key facts: AMGN vs LLY
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, Amgen Inc. (AMGN) has the higher forward dividend yield at 2.16%, versus 0.49% for Eli Lilly and Company (LLY).
- As of Nov 2, 2026, SmarterDividends grades AMGN's dividend safety A (82/100) and LLY's A (94/100).
- By SmarterDividends' count as of Nov 2, 2026, AMGN has raised its dividend for 14 consecutive years and LLY for 11.
- As of Nov 2, 2026, AMGN pays out 61% of its earnings as dividends and LLY pays out 22%.
- As of Nov 2, 2026, AMGN's fair-value estimate is 42% below its share price and LLY's fair-value estimate is 43% below its share price, so AMGN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AMGN vs LLY: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/amgn-vs-lly
| Metric | AMGN | LLY |
|---|---|---|
| Forward yield | 2.16% | 0.49% |
| Annual dividend | $10.08 | $6.92 |
| Payout ratio | 61% | 22% |
| Years of growth | 14 yr | 11 yr |
| 5-yr dividend growth | 8.3% | 15.2% |
| 5-yr total return | 134% | 471% |
| Dividend safety score | 82 (A) | 94 (A) |
| Fair value estimate | $268.80 | $804.91 |
| Upside to fair value | -42% | -43% |
| Frequency | quarterly | quarterly |
| Market cap | $251.9B | $1.3T |
| P/E ratio | 28.9 | 46.0 |
Higher yield
AMGN
2.16%
Safer dividend
LLY
Grade A
Faster growth
LLY
15.2%
Better value
AMGN
-42% upside
AMGN vs LLY — FAQ
Is AMGN or LLY a better dividend stock?
AMGN and LLY are closely matched. AMGN has the higher yield; LLY scores better on safety.
Which has a higher dividend yield, AMGN or LLY?
AMGN has the higher forward dividend yield at 2.16%, versus 0.49% for LLY.
Is AMGN or LLY safer?
LLY has the higher dividend-safety score (94/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is AMGN or LLY better value right now?
As of Nov 2, 2026, AMGN looks like the better value: its fair-value estimate is 42% below its share price (overvalued). For LLY, its fair-value estimate is 43% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.