SCANA Co. (SCG) Plans $0.12 Dividend

SCANA Co. (NYSE:SCG) declared a dividend on Thursday, October 25th, Fidelity reports. Stockholders of record on Monday, December 10th will be given a dividend of 0.1237 per share by the utilities provider on Wednesday, January 2nd. The ex-dividend date of this dividend is Friday, December 7th.

SCANA has increased its dividend by an average of 5.0% per year over the last three years and has increased its dividend annually for the last 18 consecutive years. SCANA has a dividend payout ratio of 15.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect SCANA to earn $2.59 per share next year, which means the company should continue to be able to cover its $0.49 annual dividend with an expected future payout ratio of 18.9%.

NYSE SCG opened at $47.30 on Thursday. The firm has a market cap of $6.75 billion, a PE ratio of 11.26, a PEG ratio of 7.15 and a beta of 0.09. The company has a current ratio of 1.22, a quick ratio of 0.97 and a debt-to-equity ratio of 2.24. SCANA has a 1-year low of $33.61 and a 1-year high of $49.40.

SCANA (NYSE:SCG) last released its quarterly earnings results on Thursday, October 25th. The utilities provider reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.20. The firm had revenue of $926.00 million for the quarter. SCANA had a positive return on equity of 10.04% and a negative net margin of 4.89%. As a group, analysts forecast that SCANA will post 2.64 EPS for the current fiscal year.

Several research firms have recently weighed in on SCG. ValuEngine raised SCANA from a “sell” rating to a “hold” rating in a report on Tuesday, November 20th. Zacks Investment Research cut SCANA from a “hold” rating to a “sell” rating in a report on Thursday, August 9th. UBS Group lowered their price target on SCANA from $36.00 to $35.00 and set a “sell” rating on the stock in a report on Friday, August 10th. Guggenheim raised SCANA from a “neutral” rating to a “buy” rating in a report on Monday, November 26th. Finally, Williams Capital raised SCANA from a “sell” rating to a “hold” rating and increased their price target for the company from $30.00 to $49.00 in a report on Monday, November 26th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $44.70.

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SCANA Company Profile

SCANA Corporation, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in the United States. The company owns nuclear, coal, hydro, natural gas, oil, biomass, and solar generating facilities. It also purchases, sells, and transports natural gas; and offers energy-related services.

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Dividend History for SCANA (NYSE:SCG)

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