SCANA Corporation Announces 3.8 Percent Increase In Common Dividend

CAYCE, S.C., Feb. 19, 2015 /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 54 ½ cents per share from 52 ½ cents per share, an increase of 3.8 percent. This action increases the indicated annual dividend rate to $2.18 per share from $2.10 per share. The new dividend is payable April 1, 2015 to shareholders of record at the close of business on March 10, 2015. 

"SCANA is committed to providing competitive returns to our investors.  Today's increase in the quarterly dividend demonstrates the confidence we have in our growth strategy, financial strength, and long term outlook.  We continue to anticipate growing our dividend fairly consistent with earnings growth while staying within our stated payout policy of 55%-60%," 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 www.scana.com.

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SOURCE SCANA Corporation

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http://www.scana.com

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