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HMA goes dividend route.

Authors :
Galloro, Vince
Source :
Modern Healthcare. 1/29/2007, Vol. 37 Issue 5, p12-12. 1/2p. 1 Color Photograph.
Publication Year :
2007

Abstract

The article reports on the decision of Naples, Florida-based Health Management Associates (HMA) to give its shareholder a one-time dividend of $10 per share following the suspension of its quarterly dividend and retiring debt. HMA founder and chairman William Schoen comments on the operation of the company after he retired as chief executive officer (CEO). Three major rating agencies have reduced ratings on Health Management's debt because of its operating challenges and increased debt.

Details

Language :
English
ISSN :
01607480
Volume :
37
Issue :
5
Database :
Academic Search Index
Journal :
Modern Healthcare
Publication Type :
Periodical
Accession number :
24048696