Eli Lilly (LLY) Approves $0.49 Per Share Quarterly Cash Dividend - Annual Yield 5.50%

Eli Lilly and Company (NYSE: LLY) today declared a dividend for the second quarter of 2011 of $0.49 a share on outstanding common stock.

The dividend is payable June 10, 2011 to shareholders of record at the close of business on May 13, 2011. The ex-dividend date is May 11.

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