13 Best Healthcare Dividend Stocks to Invest in

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2. Eli Lilly and Company (NYSE:LLY)

Number of Hedge Fund Holders: 115

Eli Lilly and Company (NYSE:LLY) is a multinational pharmaceutical company that offers a wide range of related products and services to its consumers. In the fourth quarter of 2024, the company saw a 45% jump in revenue, reaching $13.53 billion, driven by strong demand for Mounjaro and Zepbound. Earnings per share (EPS) more than doubled, climbing 102% to $4.88. The company also made notable progress in expanding its drug pipeline, securing US approval for Zepbound to treat moderate-to-severe obstructive sleep apnea in adults with obesity, as well as approval for Omvoh for managing moderately to severely active Crohn’s disease.

Eli Lilly and Company (NYSE:LLY)’s rapid growth in recent years has been largely fueled by the success of its portfolio of glucagon-like peptide-1 (GLP-1) receptor agonist drugs. The stock has surged by nearly 8.5% since the start of 2025.

Eli Lilly and Company (NYSE:LLY) offers a quarterly dividend of $1.50 per share and has a dividend yield of 0.71%, as of March 20. It is one of the best dividend stocks on our list as the company has raised its payouts for 11 years straight.

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