I don't agree w.your contention that there is "underperformance". LLY is one of the few major corps. that does NOT engage in stock buybacks; check their cash flow statement, "cash used in investing activities".
That is a GOOD thing, as stock buybacks are essentially "burning money" to goose up, short term, a company's market cap. If the market should tank, stock buybacks are a use of cash that the company is likely to cut back on, causing the market cap to TANK. This is what happened to a lot of stocks in the 2008-09 meltdown;
LLY is a good company paying a reliable dividend; why does that constitute "underperformance" ?
dont know what underperformance means evidently ,i worked at lly 43 yrs and in 1999 lly was 107 dollars , no splits since...what do u call that type of performance? stick ur taxable dividends, i like growth companies myself. plus they lose 35% of there revenue in next 2 yrs with no proven pipeline,good luck u will need it