INDIANAPOLIS, Dec. 15, 2014 /PRNewswire/ -- The board of
directors of Eli Lilly and Company (NYSE: LLY) today announced a 2
percent increase in its quarterly dividend. The board has
declared a dividend for the first quarter of 2015 of $0.50 per share on outstanding common stock. This
raises the annual indicated rate to $2.00 per share.
"We are pivoting from an unprecedented period of patent
expirations to launching a new wave of Lilly medicines," said
John C. Lechleiter, Ph.D., Lilly's
chairman, president and chief executive officer. "The
increase in our dividend signals continued confidence in Lilly's
future and confirms our commitment to return additional cash to
shareholders."
The dividend is payable March 10,
2015 to shareholders of record at the close of business on
February 13, 2015.
About Eli Lilly and Company
Lilly is a global
healthcare leader that unites caring with discovery to make life
better for people around the world. We were founded more than a
century ago by a man committed to creating high-quality medicines
that meet real needs, and today we remain true to that mission in
all our work. Across the globe, Lilly employees work to discover
and bring life-changing medicines to those who need them, improve
the understanding and management of disease, and give back to
communities through philanthropy and volunteerism. To learn more
about Lilly, please visit us at www.lilly.com and
http://newsroom.lilly.com/social-channels.
F-LLY
Refer to: (317) 277-6524;
lauren_zierke@lilly.com; Lauren
Zierke (Media)
(317)
655-6874; johnson_philip_l@lilly.com; Phil
Johnson (Investor)
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SOURCE Eli Lilly and Company