SCANA Corp. (SCG) Lowers Quarterly Dividend 79.8% to $0.1237; 1.3% Yield
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SCANA Reduces Quarterly Dividend Rate by 80 Percent and Declares Dividend on Common Stock for Second Quarter 2018
June 28, 2018 8:50 AM EDTCAYCE, S.C., June 28, 2018 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) announced today that its Board of Directors has declared a quarterly dividend of 12.37 cents per share for the quarter ending June 30, 2018. The quarterly cash dividend has been reduced from the 61.25 cents per share paid on the Company's common stock for the first quarter of 2018. The eighty percent reduction in the dividend corresponds to the portion of the dividend attributable to the electric portion of South Carolina Electric & Gas Company. The board made this reduction to preserve its options as... More
