The board of directors of Eli Lilly and Company (NYSE: LLY) today announced an 8 percent increase in its quarterly dividend.
The dividend for the first quarter of 2018 will be $0.5625 per share on outstanding common stock. This raises the annual indicated rate to $2.25 per share.
The dividend is payable March 9, 2018, to shareholders of record at of the close of business on February 15, 2018.