HCA Healthcare, Inc. (HCA) Dividend History
Income profile from 2012 to 2026 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
10.0% payout ratio with sustainable safety profile.
Consistency
5 straight years of dividend increases.
Income Trend
Yield on cost is 1.8% and trend is rising.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (10 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
HCA Healthcare, Inc. distributes 10.0% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 8.8%, rated "Well Covered".
Piotroski F-Score: 7/9 — strong financial health.
Growth Track Record
HCA has raised its dividend for 5 consecutive years, with a 3-year CAGR of 8.7% and 5-year CAGR of 30.2%.
Total Shareholder Returns
Beyond cash dividends, HCA returns capital through share repurchases. The combined picture: 0.6% dividend yield, 8.5% buyback yield, 9.1% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.8% and is currently rising. The 5-year total return is 208.8%, with dividends contributing 6.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $78,825 today.
Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 17, 2026Latest | $0.7800 | ↑ +8.3% | 55.50% | Mar 31, 2026 |
| Dec 15, 2025 | $0.7200 | — | 60.38% | Dec 29, 2025 |
| Sep 16, 2025 | $0.7200 | — | 70.54% | Sep 30, 2025 |
| Jun 16, 2025 | $0.7200 | — | 74.88% | Jun 30, 2025 |
| Mar 17, 2025 | $0.7200 | ↑ +9.1% | 82.20% | Mar 31, 2025 |
| Dec 13, 2024 | $0.6600 | — | 84.10% | Dec 27, 2024 |
| Sep 16, 2024 | $0.6600 | — | 63.95% | Sep 30, 2024 |
| Jun 14, 2024 | $0.6600 | — | 74.67% | Jun 28, 2024 |
Dividend Peer Comparison
Peer group: Hospitals and inpatient facilities
Annual Dividend History
37 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.78 | — | 1 | — | — | — | 0.5% |
| 2025 | $2.88 | 9.1% | 4 | $28.38 | 10.1% | 9.85x | 1.8% |
| 2024 | $2.64 | 10.0% | 4 | $22.00 | 12.0% | 8.33x | 1.6% |
| 2023 | $2.40 | 7.1% | 4 | $18.96 | 12.7% | 7.90x | 1.5% |
| 2022 | $2.24 | 16.7% | 4 | $19.15 | 11.7% | 8.55x | 1.4% |
| 2021 | $1.92 | 149.4% | 4 | $21.16 | 9.1% | 11.02x | 1.2% |
| 2020 | $0.77 | -51.9% | 3 | $10.93 | 7.0% | 14.20x | 0.5% |
| 2019 | $1.60 | 14.3% | 4 | $10.07 | 15.9% | 6.29x | 1.0% |
| 2018 | $1.40 | — | 4 | $10.66 | 13.1% | 7.61x | 0.9% |
| 2017 | $0.00 | — | 0 | $5.95 | — | — | — |
See HCA's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does HCA pay per share?
HCA Healthcare, Inc. (HCA) pays a trailing 12-month dividend of $2.94 per share, with a current dividend yield of +0.6%. Payments are made Annual.
When is HCA's next ex-dividend date?
HCA's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. HCA typically pays dividends Annual.
Is HCA's dividend safe?
HCA's dividend safety is rated "Sustainable" based on an earnings payout ratio of +10.0% and FCF payout ratio of +8.8%. The 5-year growth streak provides moderate confidence.
Is HCA a Dividend Payer?
Yes, HCA Healthcare, Inc. is classified as a Dividend Payer with 5 consecutive years of dividend increases. The 5-year dividend CAGR is +30.2%, demonstrating above-inflation dividend growth.
How often does HCA pay dividends?
HCA Healthcare, Inc. pays dividends Annual. The trailing 12-month total is $2.94 per share. Dividend data on this page covers 14+ years from 2012 to 2026.
How much would $10,000 invested in HCA grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in HCA five years ago would be worth approximately $30,878 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is HCA's yield on cost for long-term holders?
HCA's yield on cost — the current dividend divided by the original purchase price — is +1.8% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.6% market yield, thanks to consistent dividend growth.