SmarterDividends
HCA

HCA Healthcare (HCA) Dividend

HCA Healthcare, Inc. · Healthcare · Medical Care Facilities · quarterly payer

$508.31

Fairly valued · +7% Add to Portfolio

As of Nov 5, 2026, HCA Healthcare (HCA) pays a quarterly dividend of $0.78 per share, or $3.12 a year, a 0.61% yield at its $508.31 share price. The next ex-dividend date is Dec 15, 2026, paid Dec 29, 2026. It has raised its dividend 5 years in a row and has a dividend safety grade of B.

Forward Yield

0.61%

Annual Dividend

$3.12

Payout Ratio

10%

5-Yr Growth

33.5%

Ex-Date

Dec 15, 2026

Frequency

Quarterly

Key facts about HCA's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, HCA Healthcare, Inc. (HCA) has a forward dividend yield of 0.61%, based on an annual dividend of $3.12 per share and a share price of $508.31.
  • As of Nov 5, 2026, HCA's dividend safety grade from SmarterDividends is B (70 out of 100), which rates the dividend as safe.
  • By SmarterDividends' count, HCA Healthcare, Inc. (HCA) has raised its dividend for 5 consecutive years as of Nov 5, 2026.
  • HCA last cut its regular dividend in 2020.
  • HCA's next ex-dividend date is Dec 15, 2026, with payment on Dec 29, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 5, 2026, HCA pays out 10% of its trailing 12-month earnings as dividends (its payout ratio).
  • HCA's dividend has grown at an average rate of 33.5% a year over the past five years.
  • As of Nov 5, 2026, HCA's 0.61% yield is 29% below its five-year average yield of 0.86%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for HCA is $543.24 per share, 7% above the $508.31 share price, so HCA screens as fairly valued.
  • HCA Healthcare, Inc. (HCA) pays its dividend quarterly, 4 times a year.
  • HCA Healthcare, Inc. (HCA) has raised its regular dividend 9 times and cut it 1 time across the 37 payments on record since 2012. Its most recent change was a 8.3% increase to $0.780 per share, going ex-dividend on Mar 17, 2026. The last cut went ex-dividend on Oct 29, 2020.
  • HCA Healthcare (HCA) has declared its first higher dividend of the year in January in 4 of the last 5 years; its most recent raise, 8.3%, was declared on Jan 26, 2026.
Cite this page

SmarterDividends, "HCA Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/HCA

Is HCA a good dividend stock?

Yes, with caveats

HCA Healthcare, Inc. (HCA) pays a quarterly dividend yielding 0.61% ($3.12/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (10%)
  • Strong 33.5% 5-yr dividend growth
  • 110% total price return over 5 years

Risks

  • Cut its dividend in 2020

Key Data

Dividend Yield
0.61%
Payout Ratio
10%
Annual Dividend
$3.12
5-Yr Avg Growth
33.5%
Ex-Dividend Date
Dec 15, 2026
Years of Growth
5
Frequency
quarterly
Beta
1.10
Market Cap
$106.2B
P/E Ratio
16.9
5-Yr Total Return
110%
52-Week Range
$353.99 – $556.52
Dividend Safety
B · 70/100
Ever Cut?
Yes (2020)

HCA dividend raises and cuts

HCA Healthcare, Inc. (HCA) has raised its regular dividend 9 times and cut it 1 time across the 37 payments on record since 2012. Its most recent change was a 8.3% increase to $0.780 per share, going ex-dividend on Mar 17, 2026. The last cut went ex-dividend on Oct 29, 2020.

Ex-dateChangeOld → newMove
Mar 17, 2026Raise$0.720 → $0.780+8.3%
Mar 17, 2025Raise$0.660 → $0.720+9.1%
Mar 14, 2024Raise$0.600 → $0.660+10.0%
Mar 16, 2023Raise$0.560 → $0.600+7.1%
Mar 16, 2022Raise$0.480 → $0.560+16.7%
Mar 16, 2021Raise$0.268 → $0.480+79.1%
Dec 24, 2020Raise$0.0720 → $0.268+272.2%
Oct 29, 2020Cut$0.430 → $0.0720−83.3%
Feb 28, 2020Raise$0.400 → $0.430+7.5%
Feb 28, 2019Raise$0.350 → $0.400+14.3%
Every HCA payment →Download every raise and cut (CSV)
HCA ex-dividend date & scheduleNext ex-date Dec 15, 2026 · full ex-dividend historyView →HCA dividend historyEvery payment, totals by year, raises and cutsView →HCA dividend calculator100 shares pay $312.00 a year, $78.00 each quarterCalculate →HCA total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is HCA a good dividend stock?

Yes, with caveats. HCA Healthcare, Inc. (HCA) pays a quarterly dividend yielding 0.61% ($3.12/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Is HCA undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HCA's fair value is about $543.24 versus a $508.31 share price — so it looks fairly valued (+7% vs. fair value).

Is HCA's dividend safe?

HCA has a dividend-safety grade of B (70/100), based on its payout coverage, free-cash-flow, 5-year growth streak, a dividend cut in 2020, debt and yield-versus-history.

What is HCA's fair value?

Our blended fair-value estimate for HCA is about $543.24 per share, roughly 7% above the current $508.31 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is HCA a buy, hold, or sell?

We don't issue formal ratings, but on the data HCA screens as "yes, with caveats" and fairly valued. HCA Healthcare, Inc. (HCA) pays a quarterly dividend yielding 0.61% ($3.12/yr), with 5 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will HCA cut its dividend?

HCA earns a dividend-safety grade of B (70/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does HCA pay a dividend?

Yes. HCA Healthcare, Inc. pays a quarterly dividend of about $3.12 per share annually, a forward yield of roughly 0.61%.

How much dividend does 100 shares of HCA pay?

At $3.12 per share a year, 100 shares of HCA pay $312.00 a year in dividends before tax, about $78.00 each quarter. Buying them costs about $50,831 at the Nov 5, 2026 price.

What is HCA's dividend yield?

As of Nov 5, 2026, HCA's forward dividend yield is 0.61%, based on a $3.12 annual dividend and a $508.31 share price.

What is HCA's dividend per share?

As of Nov 5, 2026, HCA pays $3.12 per share per year, distributed on a quarterly basis.

What is HCA's dividend payout ratio?

As of Nov 5, 2026, HCA's payout ratio is 10% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has HCA grown its dividend?

As of Nov 5, 2026, HCA has increased its dividend for 5 consecutive years.

When is the next HCA ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for HCA is Dec 15, 2026.

Income Calculator

At $3.12 / yr per share

Per payment (quarterly)$78.00
Annual$312.00
Monthly avg$26.00
Full HCA dividend calculator →

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