OREANDA-NEWS. The board of directors of Eli Lilly and Company (NYSE: LLY) today announced a 2 percent increase in its quarterly dividend. The dividend for the first quarter of 2016 will be $0.51 per share on outstanding common stock. This raises the annual indicated rate to $2.04 per share. 

The dividend is payable March 10, 2016 to shareholders of record as of the close of business on February 12, 2016.

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.