LLY vs ZTS: Which Is the Better Dividend Stock?
As of Nov 6, 2026, LLY and ZTS are closely matched. ZTS offers the higher yield at 2.38%, LLY has the higher dividend-safety score, and ZTS looks like the better value (its fair-value estimate is 11% above its share price).
Key facts: LLY vs ZTS
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, Zoetis Inc. (ZTS) has the higher forward dividend yield at 2.38%, versus 0.51% for Eli Lilly and Company (LLY).
- As of Nov 6, 2026, SmarterDividends grades LLY's dividend safety A (94/100) and ZTS's B (79/100).
- By SmarterDividends' count as of Nov 6, 2026, LLY has raised its dividend for 11 consecutive years and ZTS for 12.
- As of Nov 6, 2026, LLY pays out 22% of its earnings as dividends and ZTS pays out 34%.
- As of Nov 6, 2026, LLY's fair-value estimate is 41% below its share price and ZTS's fair-value estimate is 11% above its share price, so ZTS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "LLY vs ZTS: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/lly-vs-zts
| Metric | LLY | ZTS |
|---|---|---|
| Forward yield | 0.51% | 2.38% |
| Annual dividend | $6.92 | $2.12 |
| Payout ratio | 22% | 34% |
| Years of growth | 11 yr | 12 yr |
| 5-yr dividend growth | 15.2% | 20.1% |
| 5-yr total return | 471% | -64% |
| Dividend safety score | 94 (A) | 79 (B) |
| Fair value estimate | $804.91 | $91.31 |
| Upside to fair value | -41% | +11% |
| Frequency | quarterly | quarterly |
| Market cap | $1.2T | $33.9B |
| P/E ratio | 44.3 | 14.7 |
Higher yield
ZTS
2.38%
Safer dividend
LLY
Grade A
Faster growth
ZTS
20.1%
Better value
ZTS
+11% upside
LLY vs ZTS — FAQ
Is LLY or ZTS a better dividend stock?
LLY and ZTS are closely matched. ZTS has the higher yield; LLY scores better on safety.
Which has a higher dividend yield, LLY or ZTS?
ZTS has the higher forward dividend yield at 2.38%, versus 0.51% for LLY.
Is LLY or ZTS safer?
LLY has the higher dividend-safety score (94/100 vs 79/100), reflecting stronger payout coverage and dividend-growth history.
Is LLY or ZTS better value right now?
As of Nov 6, 2026, ZTS looks like the better value: its fair-value estimate is 11% above its share price (fairly valued). For LLY, its fair-value estimate is 41% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.