How To Earn $500 A Month From Eli Lilly Stock Ahead Of Q4 Earnings Report
Portfolio Pulse from Avi Kapoor
Eli Lilly (NYSE:LLY) is anticipated to release its Q4 earnings on Feb. 6, 2024, with expected earnings of $2.19 per share and revenue of $8.93 billion, up from the previous year. The company is in talks with the German government to lift a ban on weight-loss treatment coverage. Eli Lilly offers a 0.78% annual dividend yield, equating to $1.30 per share quarterly. To earn $500 monthly from dividends, an investment of approximately $770,468 is required. LLY shares rose 1.1% to close at $667.65 recently.
February 05, 2024 | 1:36 pm
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Eli Lilly is expected to report increased earnings and revenue for Q4, is negotiating with the German government on treatment coverage, and offers a 0.78% dividend yield. Shares recently increased by 1.1%.
The anticipation of positive earnings and revenue growth, along with ongoing negotiations with the German government, could foster investor optimism, potentially driving the stock price up in the short term. The recent share price increase and the stable dividend yield further support a positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100