DHR 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 5 of 8 head-to-head metrics. DHR offers the higher yield at 0.71%, LLY has the higher dividend-safety score, and DHR looks like the better value (its fair-value estimate is 25% below its share price).
Key facts: DHR vs LLY
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, Danaher Corporation (DHR) has the higher forward dividend yield at 0.71%, versus 0.51% for Eli Lilly and Company (LLY).
- As of Nov 6, 2026, SmarterDividends grades DHR's dividend safety A (90/100) and LLY's A (94/100).
- By SmarterDividends' count as of Nov 6, 2026, DHR has raised its dividend for 12 consecutive years and LLY for 11.
- As of Nov 6, 2026, DHR pays out 25% of its earnings as dividends and LLY pays out 22%.
- As of Nov 6, 2026, DHR's fair-value estimate is 25% below its share price and LLY's fair-value estimate is 41% below its share price, so DHR looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DHR vs LLY: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/dhr-vs-lly
| Metric | DHR | LLY |
|---|---|---|
| Forward yield | 0.71% | 0.51% |
| Annual dividend | $1.60 | $6.92 |
| Payout ratio | 25% | 22% |
| Years of growth | 12 yr | 11 yr |
| 5-yr dividend growth | 14.9% | 15.2% |
| 5-yr total return | -19% | 471% |
| Dividend safety score | 90 (A) | 94 (A) |
| Fair value estimate | $170.57 | $804.91 |
| Upside to fair value | -25% | -41% |
| Frequency | quarterly | quarterly |
| Market cap | $159.1B | $1.2T |
| P/E ratio | 37.5 | 44.3 |
Higher yield
DHR
0.71%
Safer dividend
LLY
Grade A
Faster growth
LLY
15.2%
Better value
DHR
-25% upside
DHR vs LLY — FAQ
Is DHR or LLY a better dividend stock?
On the data, LLY wins more head-to-head categories (5 vs 3). DHR offers the higher yield (0.71%), 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, DHR or LLY?
DHR has the higher forward dividend yield at 0.71%, versus 0.51% for LLY.
Is DHR or LLY safer?
LLY has the higher dividend-safety score (94/100 vs 90/100), reflecting stronger payout coverage and dividend-growth history.
Is DHR or LLY better value right now?
As of Nov 6, 2026, DHR looks like the better value: its fair-value estimate is 25% below its share price (overvalued). 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.