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Lilly Announces Dividend Increase

Eli Lilly and Company logo.

INDIANAPOLIS, Dec. 8, 2015 /PRNewswire/ -- 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...