SmarterDividends

LLY vs TMO: Which Is the Better Dividend Stock?

As of Nov 6, 2026, LLY (Eli Lilly and Company) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. LLY offers the higher yield at 0.51%, LLY has the higher dividend-safety score, and TMO looks like the better value (its fair-value estimate is 38% below its share price).

Key facts: LLY vs TMO

Data as of · Source: SmarterDividends data

  • As of Nov 6, 2026, Eli Lilly and Company (LLY) has the higher forward dividend yield at 0.51%, versus 0.28% for Thermo Fisher Scientific Inc. (TMO).
  • As of Nov 6, 2026, SmarterDividends grades LLY's dividend safety A (94/100) and TMO's A (91/100).
  • By SmarterDividends' count as of Nov 6, 2026, LLY has raised its dividend for 11 consecutive years and TMO for 8.
  • As of Nov 6, 2026, LLY pays out 22% of its earnings as dividends and TMO pays out 10%.
  • As of Nov 6, 2026, LLY's fair-value estimate is 41% below its share price and TMO's fair-value estimate is 38% below its share price, so TMO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricLLYTMO
Forward yield0.51%0.28%
Annual dividend$6.92$1.88
Payout ratio22%10%
Years of growth11 yr8 yr
5-yr dividend growth15.2%14.3%
5-yr total return471%10%
Dividend safety score94 (A)91 (A)
Fair value estimate$804.91$422.22
Upside to fair value-41%-38%
Frequencyquarterlyquarterly
Market cap$1.2T$250.8B
P/E ratio44.335.7

Higher yield

LLY

0.51%

Safer dividend

LLY

Grade A

Faster growth

LLY

15.2%

Better value

TMO

-38% upside

LLY vs TMO — FAQ

Is LLY or TMO a better dividend stock?

On the data, LLY wins more head-to-head categories (6 vs 2). LLY offers the higher yield (0.51%), 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 TMO?

LLY has the higher forward dividend yield at 0.51%, versus 0.28% for TMO.

Is LLY or TMO safer?

LLY has the higher dividend-safety score (94/100 vs 91/100), reflecting stronger payout coverage and dividend-growth history.

Is LLY or TMO better value right now?

As of Nov 6, 2026, TMO looks like the better value: its fair-value estimate is 38% 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.