SmarterDividends

LLY vs PRGO: Which Is the Better Dividend Stock?

As of Oct 18, 2026, LLY (Eli Lilly and Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PRGO offers the higher yield at 6.98%, LLY has the higher dividend-safety score, and PRGO looks like the better value (its fair-value estimate is 93% above its share price).

Key facts: LLY vs PRGO

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Perrigo Company plc (PRGO) has the higher forward dividend yield at 6.98%, versus 0.55% for Eli Lilly and Company (LLY).
  • As of Oct 18, 2026, SmarterDividends grades LLY's dividend safety A (95/100) and PRGO's B (68/100).
  • By SmarterDividends' count as of Oct 18, 2026, LLY has raised its dividend for 11 consecutive years and PRGO for 12.
  • As of Oct 18, 2026, LLY's fair-value estimate is 38% below its share price and PRGO's fair-value estimate is 93% above its share price, so PRGO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "LLY vs PRGO: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/lly-vs-prgo

MetricLLYPRGO
Forward yield0.55%6.98%
Annual dividend$6.92$1.16
Payout ratio22%1349%
Years of growth11 yr12 yr
5-yr dividend growth15.2%5.2%
5-yr total return407%-55%
Dividend safety score95 (A)68 (B)
Fair value estimate$778.26$32.12
Upside to fair value-38%+93%
Frequencyquarterlyquarterly
Market cap$1.1T$2.3B
P/E ratio42.2—

Higher yield

PRGO

6.98%

Safer dividend

LLY

Grade A

Faster growth

LLY

15.2%

Better value

PRGO

+93% upside

LLY vs PRGO — FAQ

Is LLY or PRGO a better dividend stock?

On the data, LLY wins more head-to-head categories (5 vs 3). PRGO offers the higher yield (6.98%), 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, LLY or PRGO?

PRGO has the higher forward dividend yield at 6.98%, versus 0.55% for LLY.

Is LLY or PRGO safer?

LLY has the higher dividend-safety score (95/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.

Is LLY or PRGO better value right now?

As of Oct 18, 2026, PRGO looks like the better value: its fair-value estimate is 93% above its share price (undervalued). For LLY, its fair-value estimate is 38% below its share price.

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