Eli Lilly Is Putting Dividend Growth Stocks to Shame With Yet Another Huge Increase to Its Payout
Lilly(LLY) The Motley Fool·2024-12-18 10:11
Dividend investors often prioritize stocks that have long track records for raising their payouts. But that can be a mistake. A long streak doesn't necessarily make a dividend stock a good long-term buy. After all, those increases may only be modest, for the sake of keeping the streak going. And if a company increases its dividend by just one or two percentage points, that's not even going to offset inflation.What Eli Lilly (LLY -0.05%) is doing is far more impressive. The company has been increasing its di ...