Archived Post

« NAT ex-dividend on 2/20 (3%)
SOR ex-dividend on 2/21 (1.5%) »

HMA ex-dividend on 3/2 (50%, special)

cost of lipitor tramadol or percocet which is better overdose cialis diflucan cautions warnings side effects soma conspiracy doll breast enhancements name tubular proteinuria lipitor soma safe bed allegra palacious celebrex wean off cialis success story prozac and sweating not effective geodon aromasin or arimidex quick reference accutane and other retinoids paxil and benadryl topamax migrane cymbalta dizziness tiredness who manufactures lisinopril breast augmentation safe law suits lipitor diet while taking lasix who discovered dilantin levaquin pharyngitis blurred vision and lexapro ulcerative colitis prednisone side effects tramadol neuropathic crescent lift breast augmentation cialis and cocaine cape girardeau breast augmentation clas ropes nizoral antibiotic shampoo calcium carbonate to prevent dental plaque cipro bacterial vaginosis buy soma online cod brite sights casodex and memory loss wellbutrin effexor breast augmentation perth glenn murray pravachol and heart clomid check brite food shop chelsea getting pregnant after taking accutane cymbalta vs pain gea soma jewelry premarin to enhance fertility suggestions for withdrawing from effexor light brite patterns oxy life hgh scotch brite exl wheels

Health Management Associates will pay a special dividend of $10.00 on March 1 to holders as of Friday, March 2. That’s about half the share price of $20. This dividend will be paid out of excess capital, but mostly accumulated through borrowing. This has already hurt the company’s credit rating. The rural hospital chain expects the company’s earnings to drop by nearly half this year, mostly due to the resulting financial cost. The company’s new 2007 guidance of 61 cents to 71 cents a share falls well short of the current $1.34 consensus estimate.

HMA quote

This entry was posted on Wednesday, February 14th, 2007 at 10:38 am and is filed under Div Alert. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

9 Responses to “HMA ex-dividend on 3/2 (50%, special)”

  1. What will it go to? Says:
    February 14th, 2007 at 10:55 am

    Any idea on what the stock will go to after the ex-div date? Should we be careful? $10.00 is a lot of money….

  2. nobody Says:
    February 14th, 2007 at 1:50 pm

    http://news.moneycentral.msn.com/ticker/article.aspx?Symbol=US:HMA&Feed=PR&Date=20070117&ID=6349023

  3. I must be a knucklehead.... Says:
    February 14th, 2007 at 2:54 pm

    Can someone help me define what this means concerning this stock…(per the link above):

    The special dividend is payable on March 1, 2007 to shareholders of record on February 27, 2007, and HMA’s common stock will start trading on the ex- dividend basis beginning on March 2, 2007, the date after the payment date, in accordance with NYSE listing rules. Shareholders who sell their shares prior to or on the payment date of March 1, 2007 will also be selling their right to receive the special cash dividend. Shareholders are advised to contact their financial advisor before selling their shares.

    I haven’t seen this happen before. What will happen to it’s price on March 2nd? Will it lose half it’s value?

  4. jon Says:
    February 15th, 2007 at 12:36 pm

    I say someone contact the company,

    http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=hma&script=1801&layout=7

  5. Called them Says:
    February 15th, 2007 at 9:18 pm

    They confirmed March 2ns

  6. Focus on the cool down Says:
    February 16th, 2007 at 5:48 pm

    Weak financials here… basically they are taking debt to pay this dividend. I’ll buy a put on ex-dividend day.

  7. Poison Says:
    February 18th, 2007 at 9:13 am

    Look out. This is a cute way of creating a “poison pill” for potential takeover artists. The health care industry is in consolidation right now. lots of takeovers “in the wind”. This way management gets to pay themselves a hugh bonus ($10./share they hold & did’nt pay for, managements shares were paid for the most part with shareholder equity via stock vesting & bonus’s) and keep the reins of the company in their hands. Any reasonable takeover suitor will think twice when they see an additional 2.4 billion of debt land on the balance sheet particularly if none of the 2.4B went in the T/O artist’s pockets, only the debt.

  8. jon Says:
    February 20th, 2007 at 4:03 pm

    Ok so I don’t know if this was a stupid move or not but I loaded up
    with this stock. I do a lot of dividend payout trades and I don’t sell
    them until the comeback up. Which all the ones that I have traded do.
    But they have all been solid companies. This one is a strange one. I
    don’t like the fact that it hasn’t shot up or done anything. So if it
    hasn’t done anything maybe it won’t go down by $10.

    So what do people recommend? When is a good time to get out? Have
    people used stop losses? I don’t want to use a stop loss because I
    don’t want it to sell before the actual dividend requirement time.

    Thoughts?

  9. maratsnr Says:
    February 22nd, 2007 at 5:16 am

    i think to buy 22.5 march put is a good thing to do.Anyway today they are announcing their earnings, should be no surprises though

Leave a Reply