Lilly Announces 15 Percent Dividend Increase
Eli Lilly and Company (NYSE: LLY) has announced a 15% increase in its quarterly dividend, raising it to $0.85 per share for Q1 2021.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Eli Lilly and Company (NYSE: LLY) has announced a 15% increase in its quarterly dividend, raising it to $0.85 per share for Q1 2021. This adjustment elevates the annual indicated rate to $3.40 per share. Shareholders of record on February 12, 2021, will receive the dividend on March 10, 2021.
Positive
- 15% dividend increase signals company confidence.
- Annual dividend raised to $3.40 per share, enhancing shareholder income.
Negative
- None.
Details
News Market Reaction – LLY
The recorded move for LLY in the trading session of this news was +6.03%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
INDIANAPOLIS, Dec. 14, 2020 /PRNewswire/ -- The board of directors of Eli Lilly and Company (NYSE: LLY) today announced a 15 percent increase in its quarterly dividend. The dividend for the first quarter of 2021 will be
The dividend is payable March 10, 2021, to shareholders of record as of the close of business on February 12, 2021.
About Eli Lilly and Company
Lilly is a global healthcare leader that unites caring with discovery to create medicines that make life better for people around the world. We were founded more than a century ago by a man committed to creating high-quality medicines that meet real needs, and today we remain true to that mission in all our work. Across the globe, Lilly employees work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to communities through philanthropy and volunteerism. To learn more about Lilly, please visit us at www.lilly.com and http://newsroom.lilly.com/social-channels. F-LLY
Refer to: | Mark Taylor; mark.taylor@lilly.com; (317) 276-5795 (Media) |
Kevin Hern; hern_kevin_r@lilly.com; (317) 277-1838 (Investors) |
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SOURCE Eli Lilly and Company
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