SmarterDividends

BAX vs LLY: Which Is the Better Dividend Stock?

As of Nov 8, 2026, LLY (Eli Lilly and Company) screens as the stronger dividend stock, winning 8 of 8 head-to-head metrics. LLY offers the higher yield at 0.51%, LLY has the higher dividend-safety score, and LLY looks like the better value (its fair-value estimate is 41% below its share price).

Key facts: BAX vs LLY

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Eli Lilly and Company (LLY) has the higher forward dividend yield at 0.51%, versus 0.16% for Baxter International Inc. (BAX).
  • As of Nov 8, 2026, SmarterDividends grades BAX's dividend safety C (60/100) and LLY's A (94/100).
  • By SmarterDividends' count as of Nov 8, 2026, BAX has raised its dividend for 0 consecutive years and LLY for 11.
  • As of Nov 8, 2026, BAX pays out 155% of its earnings as dividends and LLY pays out 22%.
  • As of Nov 8, 2026, BAX's fair-value estimate is 64% below its share price and LLY's fair-value estimate is 41% below its share price, so LLY looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BAX vs LLY: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/bax-vs-lly

MetricBAXLLY
Forward yield0.16%0.51%
Annual dividend$0.04$6.92
Payout ratio155%22%
Years of growth0 yr11 yr
5-yr dividend growth-11.4%15.2%
5-yr total return-65%446%
Dividend safety score60 (C)94 (A)
Fair value estimate$9.32$804.91
Upside to fair value-64%-41%
Frequencyquarterlyquarterly
Market cap$13.3B$1.2T
P/E ratio—43.9

Higher yield

LLY

0.51%

Safer dividend

LLY

Grade A

Faster growth

LLY

15.2%

Better value

LLY

-41% upside

BAX vs LLY — FAQ

Is BAX or LLY a better dividend stock?

On the data, LLY wins more head-to-head categories (8 vs 0). LLY offers the higher yield (0.51%), while LLY has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, BAX or LLY?

LLY has the higher forward dividend yield at 0.51%, versus 0.16% for BAX.

Is BAX or LLY safer?

LLY has the higher dividend-safety score (94/100 vs 60/100), reflecting stronger payout coverage and dividend-growth history.

Is BAX or LLY better value right now?

As of Nov 8, 2026, LLY looks like the better value: its fair-value estimate is 41% below its share price (overvalued). For BAX, its fair-value estimate is 64% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.