HCA Holdings (HCA) Reinstates $0.48 Quarterly Dividend; 1.2% Yield

HCA Holdings (NYSE: HCA) reinstated a quarterly dividend of $0.48 per share, or $1.92 annualized.

The dividend will be payable on March 31, 2021, to stockholders of record on March 17, 2021, with an ex-dividend date of March 16, 2021.

The annual yield on the dividend is 1.2 percent.

In April 2020, the Company announced the suspension of its quarterly dividend program to enhance its operational and financial flexibility during the COVID-19 pandemic. The Company today announced that its Board of Directors reinstated its quarterly dividend program and declared a quarterly cash dividend of $0.48 per share on the Company’s common stock. The dividend will be paid on March 31, 2021 to stockholders of record at the close of business on March 17, 2021.

In March 2020, the Company announced the suspension of its share repurchase program to enhance its operational and financial flexibility during the COVID-19 pandemic. Today the Company announced that its Board of Directors authorized the resumption of its share repurchase program, pursuant to which $2.8 billion remained available for utilization prior to its suspension. The Board of Directors has also authorized a share repurchase program for up to an additional $6 billion of the Company’s outstanding common stock. Repurchases will be made in accordance with applicable securities laws and may be made at management’s discretion from time to time in the open market, through privately negotiated transactions, or otherwise. The repurchase program has no time limit and may be suspended for periods or discontinued at any time.

For a dividend history and other dividend-related data on HCA Holdings (HCA) click here.

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