HCA Healthcare, Inc.
HCAHealthcare · Stock · quarterly payer
Forward Yield
0.82%
Annual Dividend
$3.12
Payout Ratio
10%
5-Yr Growth
33.5%
Ex-Date
Sep 16, 2026
Frequency
Quarterly
Summary
As of July 2026, HCA Healthcare, Inc. (HCA) yields 0.82% ($3.12 per share annually), with a blended fair-value estimate of $542.27 — +42% upside, so it screens as undervalued. Dividend safety grade: B (66/100). 5 years of dividend growth.
Is HCA a good dividend stock?
Yes, with caveatsHCA Healthcare, Inc. (HCA) pays a quarterly dividend yielding 0.82% ($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
- 51% total price return over 5 years
Risks
- Cut its dividend in 2020
Key Data
- Dividend Yield
- 0.82%
- Payout Ratio
- 10%
- Annual Dividend
- $3.12
- 5-Yr Avg Growth
- 33.5%
- Ex-Dividend Date
- Sep 16, 2026
- Years of Growth
- 5
- Frequency
- quarterly
- Beta
- —
- Market Cap
- $84.8B
- P/E Ratio
- 12.8
- 5-Yr Total Return
- 51%
- 52-Week Range
- $331.61 – $556.52
- Dividend Safety
- B · 66/100
- Ever Cut?
- Yes (2020)
Frequently Asked Questions
HCA Price — Last 12 Months
Daily close
Price Return
1 Year
-5%
3 Years
+38%
5 Years
+51%
52-Week Range
$331.61 – $556.52
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is HCA worth?
Undervaluedmedium confidenceOur blended fair-value estimate for HCA Healthcare, Inc. is $542.27 per share, versus a market price of $382.19. That implies 42% of upside — a margin of safety of about 30%.
Fair Value
$542.27
Current Price
$382.19
Upside
+42%
Margin of Safety
30%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 12.1% annual free-cash-flow growth. We model 11.5% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.3% discount rate (CAPM), 11.5% stage-1 growth, 2.5% terminal growth, $29.81 EPS, $3.12 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
HCA Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 16, 2026 | — | $0.7800 | regular |
| Mar 17, 2026 | — | $0.7800 | regular |
| Dec 15, 2025 | — | $0.7200 | regular |
| Sep 16, 2025 | — | $0.7200 | regular |
| Jun 16, 2025 | — | $0.7200 | regular |
| Mar 17, 2025 | — | $0.7200 | regular |
| Dec 13, 2024 | — | $0.6600 | regular |
| Sep 16, 2024 | — | $0.6600 | regular |
| Jun 14, 2024 | — | $0.6600 | regular |
| Mar 14, 2024 | — | $0.6600 | regular |
| Dec 13, 2023 | — | $0.6000 | regular |
| Sep 14, 2023 | — | $0.6000 | regular |
| Jun 15, 2023 | — | $0.6000 | regular |
| Mar 16, 2023 | — | $0.6000 | regular |
Income Calculator
At $3.12 / yr per share
