JNJ vs LLY: Which Is the Better Dividend Stock?
As of Oct 29, 2026, LLY (Eli Lilly and Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. JNJ offers the higher yield at 1.99%, LLY has the higher dividend-safety score, and JNJ looks like the better value (its fair-value estimate is 26% below its share price).
Key facts: JNJ vs LLY
Data as of · Source: SmarterDividends data
- As of Oct 29, 2026, Johnson & Johnson (JNJ) has the higher forward dividend yield at 1.99%, versus 0.54% for Eli Lilly and Company (LLY).
- As of Oct 29, 2026, SmarterDividends grades JNJ's dividend safety A (93/100) and LLY's A (95/100).
- By SmarterDividends' count as of Oct 29, 2026, JNJ has raised its dividend for 55 consecutive years and LLY for 11.
- As of Oct 29, 2026, JNJ pays out 80% of its earnings as dividends and LLY pays out 22%.
- As of Oct 29, 2026, JNJ's fair-value estimate is 26% below its share price and LLY's fair-value estimate is 40% below its share price, so JNJ looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JNJ vs LLY: Dividend Yield, Safety & Value Compared," updated Oct 29, 2026, https://smarterdividends.com/compare/jnj-vs-lly
| Metric | JNJ | LLY |
|---|---|---|
| Forward yield | 1.99% | 0.54% |
| Annual dividend | $5.36 | $6.92 |
| Payout ratio | 80% | 22% |
| Years of growth | 55 yr | 11 yr |
| 5-yr dividend growth | 5.2% | 15.2% |
| 5-yr total return | 69% | 413% |
| Dividend safety score | 93 (A) | 95 (A) |
| Fair value estimate | $199.73 | $778.26 |
| Upside to fair value | -26% | -40% |
| Frequency | quarterly | quarterly |
| Market cap | $652.5B | $1.1T |
| P/E ratio | 41.1 | 43.2 |
Higher yield
JNJ
1.99%
Safer dividend
LLY
Grade A
Faster growth
LLY
15.2%
Better value
JNJ
-26% upside
JNJ vs LLY — FAQ
Is JNJ or LLY a better dividend stock?
On the data, LLY wins more head-to-head categories (5 vs 3). JNJ offers the higher yield (1.99%), 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, JNJ or LLY?
JNJ has the higher forward dividend yield at 1.99%, versus 0.54% for LLY.
Is JNJ or LLY safer?
LLY has the higher dividend-safety score (95/100 vs 93/100), reflecting stronger payout coverage and dividend-growth history.
Is JNJ or LLY better value right now?
As of Oct 29, 2026, JNJ looks like the better value: its fair-value estimate is 26% below its share price (overvalued). For LLY, its fair-value estimate is 40% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.