1 Health-Care Stock for the Special Dividend Spree
Hospital Corporation of America (NYS: HCA) has become the latest company to announce it will hop on the special-dividend bandwagon and take advantage of current tax rates before the fiscal cliff at the end of the year by paying out another special dividend to its shareholders. HCA already paid out $2.50 per share on Nov. 16; now it has announced an additional $2 payout, which it is issuing $1 billion in bonds to pay for. These two dividends, combined with the corporation's regular dividends throughout the year and its overall growth and 45% share-price gain for the year, mean HCA investors this year saw a very handsome return on their investments.
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The article 1 Health-Care Stock for the Special Dividend Spree originally appeared on Fool.com.Brenton Flynn, Max Macaluso, and The Motley Fool have no positions in the stocks mentioned above. Motley Fool newsletter services recommend Cato. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.