Eli Lilly and Company

LLY

Healthcare · Drug Manufacturers - General · Stock · quarterly payer

$1,270.75

Overvalued · -39% Add to Portfolio

Forward Yield

0.54%

Annual Dividend

$6.92

Payout Ratio

22%

5-Yr Growth

15.2%

Ex-Date

Aug 14, 2026

Frequency

Quarterly

Key facts about LLY's dividend

Data as of Oct 22, 2026 · Source: SmarterDividends data

As of Oct 22, 2026, Eli Lilly and Company (LLY) has a forward dividend yield of 0.54%, based on an annual dividend of $6.92 per share and a share price of $1,270.75.
As of Oct 22, 2026, LLY's dividend safety grade from SmarterDividends is A (95 out of 100), which rates the dividend as very safe.
By SmarterDividends' count, Eli Lilly and Company (LLY) has raised its dividend for 11 consecutive years as of Oct 22, 2026.
LLY has never cut its regular dividend in the payment history SmarterDividends has on record.
LLY's most recent ex-dividend date was Aug 14, 2026, for a dividend of $1.73 per share.
As of Oct 22, 2026, LLY pays out 22% of its trailing 12-month earnings as dividends (its payout ratio).
LLY's dividend has grown at an average rate of 15.2% a year over the past five years.
As of Oct 22, 2026, LLY's 0.54% yield is 47% below its five-year average yield of 1.01%.
As of Oct 22, 2026, SmarterDividends' blended fair-value estimate for LLY is $778.26 per share, 39% below the $1,270.75 share price, so LLY screens as overvalued.
Eli Lilly and Company (LLY) pays its dividend quarterly, 4 times a year.
Eli Lilly and Company (LLY) has raised its regular dividend 51 times and cut it 0 times across the 217 payments on record since 1972. Its most recent change was a 15.3% increase to $1.73 per share, going ex-dividend on Feb 13, 2026.
Eli Lilly (LLY) has declared its first higher dividend of the year in December in 5 of the last 5 years; its most recent raise, 15.3%, was declared on Dec 8, 2025.

Cite this page

SmarterDividends, "LLY Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 22, 2026, https://smarterdividends.com/stocks/LLY

Summary

As of Oct 22, 2026, Eli Lilly and Company (LLY) yields 0.54% ($6.92 a year per share), has a dividend safety grade of A (95/100) and has 11 consecutive years of dividend increases on record.

Is LLY a good dividend stock?

Yes

Eli Lilly and Company (LLY) pays a quarterly dividend yielding 0.54% ($6.92/yr), with 11 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

11 consecutive years of dividend growth
Never cut its dividend on record
Comfortable payout ratio (22%)
Strong 15.2% 5-yr dividend growth
407% total price return over 5 years
Top-tier dividend safety score

Risks

Single-stock concentration risk — diversify

Key Data

Dividend Yield: 0.54%
Payout Ratio: 22%
Annual Dividend: $6.92
5-Yr Avg Growth: 15.2%
Ex-Dividend Date: Aug 14, 2026
Years of Growth: 11
Frequency: quarterly
Beta: 0.45
Market Cap: $1.1T
P/E Ratio: 42.7
5-Yr Total Return: 407%
52-Week Range: $793.82 – $1,292.65
Dividend Safety: A · 95/100
Ever Cut?: No

LLY dividend raises and cuts

Eli Lilly and Company (LLY) has raised its regular dividend 51 times and cut it 0 times across the 217 payments on record since 1972. Its most recent change was a 15.3% increase to $1.73 per share, going ex-dividend on Feb 13, 2026.

Ex-date	Change	Old → new	Move
Feb 13, 2026	Raise	$1.50 → $1.73	+15.3%
Feb 14, 2025	Raise	$1.30 → $1.50	+15.4%
Feb 14, 2024	Raise	$1.13 → $1.30	+15.0%
Feb 14, 2023	Raise	$0.980 → $1.13	+15.3%
Feb 14, 2022	Raise	$0.850 → $0.980	+15.3%
Feb 11, 2021	Raise	$0.740 → $0.850	+14.9%
Feb 13, 2020	Raise	$0.645 → $0.740	+14.7%
Feb 14, 2019	Raise	$0.563 → $0.645	+14.6%
Feb 14, 2018	Raise	$0.520 → $0.563	+8.3%
Feb 13, 2017	Raise	$0.510 → $0.520	+2.0%
Feb 10, 2016	Raise	$0.500 → $0.510	+2.0%
Feb 11, 2015	Raise	$0.490 → $0.500	+2.0%

Show all 51 changes since 1973

Ex-date	Change	Old → new	Move
Feb 11, 2009	Raise	$0.470 → $0.490	+4.3%
Feb 13, 2008	Raise	$0.425 → $0.470	+10.6%
Feb 13, 2007	Raise	$0.400 → $0.425	+6.2%
Feb 13, 2006	Raise	$0.380 → $0.400	+5.3%
Feb 11, 2005	Raise	$0.355 → $0.380	+7.0%
Feb 11, 2004	Raise	$0.335 → $0.355	+6.0%
Feb 12, 2003	Raise	$0.310 → $0.335	+8.1%
Feb 13, 2002	Raise	$0.280 → $0.310	+10.7%
Feb 13, 2001	Raise	$0.260 → $0.280	+7.7%
Feb 11, 2000	Raise	$0.230 → $0.260	+13.0%
Feb 10, 1999	Raise	$0.200 → $0.230	+15.0%
Nov 12, 1997	Raise	$0.180 → $0.200	+11.1%
Feb 12, 1997	Raise	$0.171 → $0.180	+5.3%
Nov 13, 1995	Raise	$0.161 → $0.171	+6.2%
Feb 9, 1995	Raise	$0.156 → $0.161	+3.2%
Feb 9, 1994	Raise	$0.151 → $0.156	+3.3%
Feb 9, 1993	Raise	$0.138 → $0.151	+10.0%
Feb 10, 1992	Raise	$0.125 → $0.138	+10.0%
Feb 7, 1991	Raise	$0.103 → $0.125	+22.0%
Feb 9, 1990	Raise	$0.0843 → $0.103	+21.7%
Feb 9, 1989	Raise	$0.0719 → $0.0844	+17.4%
Feb 9, 1988	Raise	$0.0625 → $0.0719	+15.0%
Feb 9, 1987	Raise	$0.0563 → $0.0625	+11.1%
Feb 10, 1986	Raise	$0.0500 → $0.0563	+12.5%
Nov 8, 1984	Raise	$0.0453 → $0.0500	+10.3%
Aug 9, 1983	Raise	$0.0406 → $0.0453	+11.5%
Feb 8, 1982	Raise	$0.0359 → $0.0406	+13.0%
Aug 11, 1980	Raise	$0.0328 → $0.0359	+9.5%
Aug 6, 1979	Raise	$0.0281 → $0.0328	+16.7%
Nov 3, 1978	Raise	$0.0250 → $0.0281	+12.5%
Feb 6, 1978	Raise	$0.0222 → $0.0250	+12.7%
Feb 4, 1977	Raise	$0.0203 → $0.0222	+9.2%
Aug 9, 1976	Raise	$0.0188 → $0.0203	+8.3%
Feb 6, 1976	Raise	$0.0172 → $0.0188	+9.1%
Feb 7, 1975	Raise	$0.0156 → $0.0172	+10.0%
Aug 12, 1974	Raise	$0.0147 → $0.0156	+6.4%
Feb 8, 1974	Raise	$0.0129 → $0.0147	+13.5%
Aug 13, 1973	Raise	$0.0118 → $0.0129	+9.5%
Feb 9, 1973	Raise	$0.0114 → $0.0118	+3.9%

Every LLY payment →Download every raise and cut (CSV)

LLY ex-dividend date & scheduleNext ex-date Aug 14, 2026 · full ex-dividend historyView →LLY dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is LLY a good dividend stock?

Yes. Eli Lilly and Company (LLY) pays a quarterly dividend yielding 0.54% ($6.92/yr), with 11 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is LLY undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, LLY's fair value is about $778.26 versus a $1,270.75 share price — so it looks overvalued (-39% vs. fair value).

Is LLY's dividend safe?

LLY has a dividend-safety grade of A (95/100), based on its payout coverage, free-cash-flow, 11-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is LLY's fair value?

Our blended fair-value estimate for LLY is about $778.26 per share, about 39% below the current $1,270.75 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is LLY a buy, hold, or sell?

We don't issue formal ratings, but on the data LLY screens as "yes" and overvalued. Eli Lilly and Company (LLY) pays a quarterly dividend yielding 0.54% ($6.92/yr), with 11 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will LLY cut its dividend?

LLY earns a dividend-safety grade of A (95/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does LLY pay a dividend?

Yes. Eli Lilly and Company pays a quarterly dividend of about $6.92 per share annually, a forward yield of roughly 0.54%.

What is LLY's dividend yield?

As of Oct 22, 2026, LLY's forward dividend yield is 0.54%, based on a $6.92 annual dividend and a $1,270.75 share price.

What is LLY's dividend per share?

As of Oct 22, 2026, LLY pays $6.92 per share per year, distributed on a quarterly basis.

What is LLY's dividend payout ratio?

As of Oct 22, 2026, LLY's payout ratio is 22% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has LLY grown its dividend?

As of Oct 22, 2026, LLY has increased its dividend for 11 consecutive years.

When is the next LLY ex-dividend date?

As of Oct 22, 2026, LLY's next ex-dividend date hasn't been announced. The most recent was Aug 14, 2026, for $1.73 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full LLY dividend history →

Ex-Date	Pay Date	Amount	Type
Aug 14, 2026	Sep 10, 2026	$1.7300	regular
May 15, 2026	Jun 10, 2026	$1.7300	regular
Feb 13, 2026	Mar 10, 2026	$1.7300	regular
Nov 14, 2025	Dec 10, 2025	$1.5000	regular
Aug 15, 2025	Sep 10, 2025	$1.5000	regular
May 16, 2025	Jun 10, 2025	$1.5000	regular
Feb 14, 2025	Mar 10, 2025	$1.5000	regular
Nov 15, 2024	Dec 10, 2024	$1.3000	regular
Aug 15, 2024	Sep 10, 2024	$1.3000	regular
May 15, 2024	Jun 10, 2024	$1.3000	regular
Feb 14, 2024	Mar 8, 2024	$1.3000	regular
Nov 14, 2023	Dec 8, 2023	$1.1300	regular
Aug 14, 2023	Sep 8, 2023	$1.1300	regular
May 12, 2023	Jun 9, 2023	$1.1300	regular