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.

While you can certainly make huge gains in the health care space, the best investing approach is to choose great companies and stick with them for the long term. In our free report "3 Stocks That Will Help You Retire Rich," we name stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.

The article 1 Health-Care Stock for the Special Dividend Spree originally appeared on

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.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Increase your money and finance knowledge from home

Investing in Real Estate

Learn the basics of investing in real estate.

View Course »

What is Short Selling?

Make a profit when stocks prices fall.

View Course »

Add a Comment

*0 / 3000 Character Maximum