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Stock impact report

Why Eli Lilly Stock Jumped by 4% Today [Yahoo! Finance]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
Company Research Source: Yahoo! Finance
The company has kept its quarterly dividend payments flowing, and declared a new distribution on Monday. Investors like getting cash from their companies, and this upcoming payment is generous compared to what it was only a few months ago. Fresh dividend declared That morning, Eli Lilly announced that its next quarterly dividend would match its predecessor at $1.30 per share. This is to be paid on June 10 to stockholders of record as of May 16. Late last year, the pharmaceutical giant enacted a dividend raise, hiking the payout to the present level from $1.13 per share for a 15% increase. The company's share price has accelerated faster than that, however, so the dividend yield on the enhanced amount is only 0.7%; this is not only below the average of 1.3% for S&P 500 index stocks, but it's eclipsed by rivals in the pharmaceutical sector. Yet, in this case, any dividend is frosting on the Eli Lilly cake, and it's welcomed. The company has been attracting the right kind of atte Show less Read more
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