SmarterDividends

LLY vs NVO: Which Is the Better Dividend Stock?

As of September 2026, LLY (Eli Lilly and Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NVO offers the higher yield at 4.15%, LLY has the higher dividend-safety score, and NVO trades at the larger discount to fair value (+72%).

MetricLLYNVO
Forward yield0.60%4.15%
Annual dividend$6.92$1.80
Payout ratio22%44%
Years of growth11 yr7 yr
5-yr dividend growth15.2%20.9%
5-yr total return353%-21%
Dividend safety score95 (A)71 (B)
Fair value estimate$1,040.33$74.35
Upside to fair value-10%+72%
Frequencyquarterlysemiannual
Market cap$1.0T$191.0B
P/E ratio38.810.7

Higher yield

NVO

4.15%

Safer dividend

LLY

Grade A

Faster growth

NVO

20.9%

Better value

NVO

+72% upside

LLY vs NVO — FAQ

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