Eli Lilly And Stock To Go Ex-dividend Tomorrow (LLY)

NEW YORK ( TheStreet) -- The ex-dividend date for Eli Lilly and Company (NYSE: LLY) is tomorrow, May 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 49 cents per share. At a price of $41.41 as of 9:30 a.m. ET, the dividend yield is 4.7%.

The average volume for Eli Lilly and has been six million shares per day over the past 30 days. Eli Lilly and has a market cap of $48.3 billion and is part of the health care sector and drugs industry. Shares are down 0.6% year to date as of the close of trading on Wednesday.

Eli Lilly and Company discovers, develops, manufactures, and sells pharmaceutical products worldwide. The company has a P/E ratio of 10.8, equal to the average drugs industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Eli Lilly and as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Eli Lilly and Ratings Report.

See our dividend calendar or top-yielding stocks list.
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