HCA Healthcare, Inc. (HCA), formerly HCA Holdings, Inc., will raise its quarterly dividend by 7.5 percent to $0.43 per share in 2020. This follows a five cent dividend increase by the company last year.

The next dividend will be paid on March 31, 2020 to stockholders of record at the close of business on March 2, 2020. A new annualized dividend rate of $1.72 per share yields 1.1% at a stock price of $145.50.

HCA Healthcare, Inc. owns and operates hospitals and sites of care, including surgery centers, free standing emergency rooms, urgent care centers and physician clinics in the United States and the United Kingdom. HCA Healthcare is the largest private provider of healthcare in the United States. In addition to its hospitals and other acute care settings, HCA Healthcare operations and services also include CareNow, the Ambulatory Surgery Division, Sarah Cannon Cancer Institutes of HCA Healthcare, HCA Healthcare’s physician practices, Parallon and HealthTrust.