CVS vs LLY: Which Is the Better Dividend Stock?
As of Nov 6, 2026, LLY (Eli Lilly and Company) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. CVS offers the higher yield at 3.27%, LLY has the higher dividend-safety score, and CVS looks like the better value (its fair-value estimate is 45% above its share price).
Key facts: CVS vs LLY
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, CVS Health Corporation (CVS) has the higher forward dividend yield at 3.27%, versus 0.51% for Eli Lilly and Company (LLY).
- As of Nov 6, 2026, SmarterDividends grades CVS's dividend safety A (91/100) and LLY's A (94/100).
- By SmarterDividends' count as of Nov 6, 2026, CVS has raised its dividend for 0 consecutive years and LLY for 11.
- As of Nov 6, 2026, CVS pays out 31% of its earnings as dividends and LLY pays out 22%.
- As of Nov 6, 2026, CVS's fair-value estimate is 45% above its share price and LLY's fair-value estimate is 41% below its share price, so CVS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CVS vs LLY: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/cvs-vs-lly
| Metric | CVS | LLY |
|---|---|---|
| Forward yield | 3.27% | 0.51% |
| Annual dividend | $2.66 | $6.92 |
| Payout ratio | 31% | 22% |
| Years of growth | 0 yr | 11 yr |
| 5-yr dividend growth | 5.9% | 15.2% |
| 5-yr total return | 1% | 471% |
| Dividend safety score | 91 (A) | 94 (A) |
| Fair value estimate | $118.19 | $804.91 |
| Upside to fair value | +45% | -41% |
| Frequency | quarterly | quarterly |
| Market cap | $104.1B | $1.2T |
| P/E ratio | 9.4 | 44.3 |
Higher yield
CVS
3.27%
Safer dividend
LLY
Grade A
Faster growth
LLY
15.2%
Better value
CVS
+45% upside
CVS vs LLY — FAQ
Is CVS or LLY a better dividend stock?
On the data, LLY wins more head-to-head categories (6 vs 2). CVS offers the higher yield (3.27%), 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, CVS or LLY?
CVS has the higher forward dividend yield at 3.27%, versus 0.51% for LLY.
Is CVS or LLY safer?
LLY has the higher dividend-safety score (94/100 vs 91/100), reflecting stronger payout coverage and dividend-growth history.
Is CVS or LLY better value right now?
As of Nov 6, 2026, CVS looks like the better value: its fair-value estimate is 45% above its share price (undervalued). For LLY, its fair-value estimate is 41% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.