Monday, December 17, 2007

Pfizer and Eli Lilly Each Raise Dividend More Than 10%

Both Pfizer (PFE) and Eli Lilly (LLY) raised their quarterly dividend by at least 10%.

Pfizer
Pfizer raised its quarterly dividend 10.3% to 32 cents per share versus 29 cents per share in the same quarter last year. The company's projected payout ratio is 55% based on 2008 estimated earnings of $2.34

Eli Lilly
Lilly raised its quarterly dividend 10.6% to 47 cents per share versus 42.5 cents per share in the same quarter last year. The company's projected payout ratio is 48% based on 2008 estimated earnings of $3.89.
(click on table/chart for larger image)

pfizer and lilly dividend analysis table December 17, 2007
pfizer & lilly stock chart December 17,2007


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