On December 19, 2018 The board of directors of Eli Lilly and Company (NYSE: LLY) reported a 15 percent increase in its quarterly dividend (Press release, Eli Lilly, DEC 19, 2018, View Source [SID1234532148]). The dividend for the first quarter of 2019 will be $0.645 per share on outstanding common stock. This raises the annual indicated rate to $2.58 per share.

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The dividend is payable March 8, 2019, to shareholders of record at of the close of business on February 15, 2019.