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.
Yahoo Finance senior columnist Rick Newman highlights the corporate backlash Indiana lawmakers are receiving after signing a new abortion ban into law.
Eli Lilly said it would divert employment outside its home state of Indiana following the Republican-controlled legislature’s decision to pass a nearly total ban on abortion. “We are concerned that this law will hinder Lilly’s — and Indiana’s — ability to attract diverse scientific, engineering and business talent from around the world,” said Lilly. The US drugmaker said it had expanded its employee health plan to cover interstate travel for abortion and reproductive services, but added this might not be enough for some current and future staff.