Dividend Doubt Looms Over Lilly

Summary


The Aicheles acquired much of their Lilly stock by exercising Robert's stock options, earned in his 30-year career at Lilly, in the late 1990s. [...] the company's stock price has plunged by roughly half.

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Extract


Dividend Doubt Looms Over Lilly

As shareholders gather April 19 for Eli Lilly and Co.'s annual meeting, more of them than ever will come with an unusual question.

Will Lilly be able to keep paying its dividend?

The company's dividend has hardly ever been a concern. Lilly has paid a dividend for 125 straight years and has raised it in each of the past 42. Lilly pays 49 cents ea...

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