SmarterDividends

DGX 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 4 of 7 head-to-head metrics. DGX offers the higher yield at 1.35%, DGX has the higher dividend-safety score, and DGX looks like the better value (its fair-value estimate is 29% below its share price).

Key facts: DGX vs LLY

Data as of · Source: SmarterDividends data

  • As of Nov 6, 2026, Quest Diagnostics Incorporated (DGX) has the higher forward dividend yield at 1.35%, versus 0.51% for Eli Lilly and Company (LLY).
  • As of Nov 6, 2026, SmarterDividends grades DGX's dividend safety A (94/100) and LLY's A (94/100).
  • By SmarterDividends' count as of Nov 6, 2026, DGX has raised its dividend for 14 consecutive years and LLY for 11.
  • As of Nov 6, 2026, DGX pays out 25% of its earnings as dividends and LLY pays out 22%.
  • As of Nov 6, 2026, DGX's fair-value estimate is 29% below its share price and LLY's fair-value estimate is 41% below its share price, so DGX looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "DGX vs LLY: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/dgx-vs-lly

MetricDGXLLY
Forward yield1.35%0.51%
Annual dividend$3.44$6.92
Payout ratio25%22%
Years of growth14 yr11 yr
5-yr dividend growth7.3%15.2%
5-yr total return69%471%
Dividend safety score94 (A)94 (A)
Fair value estimate$181.72$804.91
Upside to fair value-29%-41%
Frequencyquarterlyquarterly
Market cap$28.1B$1.2T
P/E ratio25.444.3

Higher yield

DGX

1.35%

Safer dividend

DGX

Grade A

Faster growth

LLY

15.2%

Better value

DGX

-29% upside

DGX vs LLY — FAQ

Is DGX or LLY a better dividend stock?

On the data, LLY wins more head-to-head categories (4 vs 3). DGX offers the higher yield (1.35%), while DGX has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, DGX or LLY?

DGX has the higher forward dividend yield at 1.35%, versus 0.51% for LLY.

Is DGX or LLY safer?

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

Is DGX or LLY better value right now?

As of Nov 6, 2026, DGX looks like the better value: its fair-value estimate is 29% below its share price (overvalued). For LLY, its fair-value estimate is 41% below its share price.

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