Scana Raises Dividend

Scana (NYSE: SCG  ) has declared its latest quarterly dividend. The company is to pay $0.5075 per share of its common stock on April 1 to shareholders of record as of March 11. That represents a raise of 2.5% over the previous payout of $0.495, which was disbursed last December.

Scana typically increases its dividend at the beginning of each calendar year. Those raises are usually modest.

The new payout annualizes to $2.03, yielding 4.2% on the company's closing share price of $48.75 on the day when the dividend announcement was made.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2267212, ~/Articles/ArticleHandler.aspx, 4/17/2014 6:43:15 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement