SCANA Corporation Announces 3.5 Percent Increase In Common Dividend - - Richmond, VA News

SCANA Corporation Announces 3.5 Percent Increase In Common Dividend

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SOURCE SCANA Corporation

CAYCE, S.C., Feb. 20, 2014 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) announced that its board of directors, at a meeting held today, raised the quarterly cash dividend on the Company's common stock to 52 ½ cents per share from 50 ¾ cents per share, an increase of 3.5 percent. This action increases the indicated annual dividend rate to $2.10 per share from $2.03 per share. The new dividend is payable April 1, 2014 to shareholders of record at the close of business on March 10, 2014.  

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"We are pleased to announce an increase in the quarterly dividend.  The positive results of 2013 and the confidence we have in the long-term strategy were key considerations.  We are now back within our stated payout policy of 55%-60% and expect to grow dividends fairly consistent with earnings growth prospectively," said Jimmy Addison, Executive Vice President and Chief Financial Officer. 

SCANA Corporation, headquartered in Cayce, SC, is an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses. Information about SCANA and its businesses is available on the company's website at

Investor Contacts:

Christina Putnam

Byron Hinson

(803) 217-7512

 (803) 217-5352


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