On December 12, 2021 The board of directors of Eli Lilly and Company (NYSE: LLY) reported a 15 percent increase in its quarterly dividend and declared a dividend for the first quarter of 2022 of $0.98 per share on outstanding common stock (Press release, Eli Lilly, DEC 13, 2021, View Source [SID1234596990]).

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The dividend is payable on March 10, 2022 to shareholders of record at the close of business on Feb. 15, 2022.