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2 Dividend Stocks That Are Defying the Bear Market

David Jagielski, The Motley Fool
·4-min read

Two dividend stocks that have been beating the markets by wide margins this year include Eli Lilly (NYSE: LLY) and ExxonMobil (NYSE: XOM). Drugmaker Eli Lilly has seen its share price rise 9% thus far in 2022. This month, Eli Lilly released its second-quarter numbers, which showed sales of $6.5 billion for the period ended June 30, down 4% year over year; however, this falls to a decline of just 1% when factoring out the impact of foreign currency exchange.

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