Which Is the Better Passive Income Stock, Eli Lilly or Bristol Myers Squibb?

Most pharma investors are familiar with power players like Eli Lilly (NYSE: LLY) and Bristol Myers Squibb, (NYSE: BMY) and both businesses have a lot to offer passive income investors too. The pair pay out reliably, and both have a habit of hiking their payments over time alongside their growing earnings.

But don't take that to mean they're of equal merit as dividend stocks, as there's a clear winner in this match-up. Let's investigate in more detail to determine which one is the better option and why. 

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Source Fool.com