Eli Lilly (LLY) Declares $0.49 Qtr. Dividend, 4.7% Yield; Resumes Buyback Program

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Eli Lilly & Co. (NYSE: LLY) declared a quarterly dividend of $0.49 per share, or $1.96 annualized.

The dividend will be payable on September 10, 2012, to stockholders of record on August 15, 2012, with an ex-dividend date of August 13, 2012.

The annual yield on the dividend is 4.7 percent.

For a dividend history and other dividend-related data on Eli Lilly & Co. (LLY) click here.

The company's Board also authorized the resumption of a buyback program, of which the company has about $420 million.

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