HCA Healthcare, Inc. Plans Quarterly Dividend of $0.78 (NYSE:HCA)

HCA Healthcare, Inc. (NYSE:HCA) declared a quarterly dividend on Thursday, July 23rd. Investors of record on Wednesday, September 16th will be paid a dividend of 0.78 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date is Wednesday, September 16th.

HCA Healthcare has raised its dividend payment by an average of 0.3%per year over the last three years and has raised its dividend annually for the last 6 consecutive years. HCA Healthcare has a payout ratio of 11.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect HCA Healthcare to earn $32.05 per share next year, which means the company should continue to be able to cover its $3.12 annual dividend with an expected future payout ratio of 9.7%.

HCA Healthcare Stock Up 0.1%

HCA stock opened at $427.51 on Monday. HCA Healthcare has a twelve month low of $353.99 and a twelve month high of $556.52. The company has a market cap of $92.56 billion, a price-to-earnings ratio of 14.31, a P/E/G ratio of 1.40 and a beta of 1.10. The business has a 50 day moving average price of $404.99 and a two-hundred day moving average price of $432.69.

HCA Healthcare (NYSE:HCA) last released its quarterly earnings data on Friday, July 24th. The company reported $7.59 EPS for the quarter, beating the consensus estimate of $7.56 by $0.03. HCA Healthcare had a negative return on equity of 244.79% and a net margin of 8.77%.The company had revenue of $20.23 billion during the quarter, compared to the consensus estimate of $19.76 billion. During the same quarter in the prior year, the firm posted $6.84 EPS. The firm’s revenue for the quarter was up 8.7% compared to the same quarter last year. On average, equities research analysts anticipate that HCA Healthcare will post 29.42 EPS for the current fiscal year.

HCA Healthcare Company Profile

HCA Healthcare, Inc (NYSE:HCA) is a healthcare services company that operates hospitals and other healthcare facilities. Its network provides a broad range of medical services, including emergency care, inpatient and outpatient treatment, surgery, diagnostic services, and maternity care.

The company also operates ambulatory surgery centers, urgent care facilities, physician practices, and other outpatient locations. HCA Healthcare serves patients through facilities located across the United States, as well as through HCA Healthcare UK, its healthcare operations in the United Kingdom.

HCA Healthcare was founded in 1968 by Dr.