UPDATE 1-HCA to pay owners $1.75 bln dividend

* HCA to pay owners $1.75 billion dividend

* Reports prelim Q4 profit down 22 pct; revenue up 4.7 pct

NEW YORK, Jan 29 (BestGrowthStock) – HCA Inc said on Friday it will
pay its private equity owners a $1.75 billion dividend as the
hospital operator reported preliminary fourth-quarter results
showing net income fell nearly 22 percent and revenue rose 4.7

The privately owned company said the dividend will be paid
on Feb. 5 to stockholders and vested option holders as of Feb.
1. It will be funded through funds available under its existing
asset-based and general revolving credit facilities and cash on

The hospital operator has been considered for an initial
public offering, a source familiar with situation told Reuters
last year.

Investing Money
(Reporting by Martinne Geller; Editing by Sanjeev Miglani)

UPDATE 1-HCA to pay owners $1.75 bln dividend