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LLY Positive Sentiment Score: 70/100

Lilly Declares Second-Quarter 2024 Dividend The board of directors of Eli Lilly and Company (NYSE: LLY) has declared a dividend for the second quarter of 2024 of $1.30 per share on outstanding...

Key Takeaway: Eli Lilly and Company (NYSE: LLY) announced a dividend of $1.30 per share for the second quarter of 2024, payable on June 10, 2024, to shareholders of record by May 16, 2024. The company's ongoing commitment to healthcare advancements continues, with a focus on addressing significant health challenges such as diabetes and Alzheimer's disease. Additionally, Lilly emphasizes the importance of diversity in clinical trials and aims to ensure the accessibility of its medications.

Market Sentiment Analysis

POSITIVE FACTORS

  • Declared a dividend of $1.30 per share for Q2 2024.
  • Demonstrates ongoing financial stability and commitment to shareholders.
  • Continues innovation in healthcare, helping over 51 million people globally.

Full Press Release Details

INDIANAPOLIS , May 6, 2024 /PRNewswire/ -- The board of directors of Eli Lilly and Company (NYSE: LLY ) has declared a dividend for the second quarter of 2024 of $1.30 per share on outstanding common stock.
The dividend is payable on June 10, 2024, to shareholders of record at the close of business on May 16, 2024.
Lilly is a medicine company turning science into healing to make life better for people around the world. We've been pioneering life-changing discoveries for nearly 150 years, and today our medicines help more than 51 million people across the globe. Harnessing the power of biotechnology, chemistry and genetic medicine, our scientists are urgently advancing new discoveries to solve some of the world's most significant health challenges: redefining diabetes care; treating obesity and curtailing its most devastating long-term effects; advancing the fight against Alzheimer's disease; providing solutions to some of the most debilitating immune system disorders; and transforming the most difficult-to-treat cancers into manageable diseases. With each step toward a healthier world, we're motivated by one thing: making life better for millions more people. That includes delivering innovative clinical trials that reflect the diversity of our world and working to ensure our medicines are accessible and affordable. To learn more, visit Lilly.com and Lilly.com/news . F-LLY
Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements (as that term is defined in the Private Securities Litigation Reform Act of 1995) about expected dividend payments and reflects Lilly's current beliefs and expectations. However, there are significant risks and uncertainties in pharmaceutical research and development, as well as in business development activities and capital allocation strategies related to the company's business and actual results may differ materially due to various factors. For further discussion of risks and uncertainties relevant to Lilly's business that could cause actual results to differ from Lilly's expectations, see Lilly's Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. Except as required by law, Lilly undertakes no duty to update forward-looking statements to reflect events after the date of this release.
Refer to: Jordan Bishop; [email protected] ; 317-473-5712 (Media)
Joe Fletcher; [email protected] ; 317-296-2884 (Investors)
SOURCE Eli Lilly and Company

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Frequently Asked Questions

What is Eli Lilly's second quarter dividend for 2024?

Eli Lilly's board declared a $1.30 per share dividend for Q2 2024.

When will the dividend be payable?

The dividend is payable on June 10, 2024.

Who qualifies for the dividend payment?

Shareholders of record by the close of business on May 16, 2024, qualify.

How long has Lilly been in operation?

Lilly has been pioneering discoveries for nearly 150 years.

What does Eli Lilly aim to achieve?

Lilly aims to make life better for millions through innovative medicines.

Last updated: May 6, 2024