CAYCE, S.C., Feb. 20, 2013 /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 50 ¾ cents per share from 49 ½ cents per share, an increase of 2.5 percent. This action increases the indicated annual dividend rate to $2.03 per share from $1.98 per share. The new dividend is payable April 1, 2013 to shareholders of record at the close of business on March 11, 2013.
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"SCANA is committed to providing our investors competitive returns through both long-term stock appreciation and dividend growth. Increasing our quarterly dividend reinforces this commitment to our investors while staying focused on providing value to our customers." 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.
SOURCE SCANA Corporation