Why Eli Lilly Stock Jumped by 4% Today
The company's payout is far from the only reason investors like the stock these days, but it certainly helps.The largest pharmaceutical company in the world by market cap, Eli Lilly (LLY 4.31%), is continuing to share some of its profits with shareholders. The company has kept its quarterly dividend payments flowing, and declared a new distribution on Monday. Investors like getting cash from their companies, and this upcoming payment is generous compared to what it was only a few months ago.Fresh dividend d ...