SCANA Corporation Holds 2017 Annual Meeting, Declares Regular Dividend on Common Stock For Second Quarter 2017

CAYCE, S.C., April 27, 2017 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) announced that the Company's 2017 Annual Meeting of Shareholders was held today in Columbia, South Carolina, with Chairman of the Board and Chief Executive Officer Kevin B. Marsh presiding.  

During the business portion of the meeting, shareholders re-elected the following Class III Directors to SCANA's Board – John F.A.V Cecil, D. Maybank Haygood, and Alfredo Trujillo. Terms of the Class III Directors will expire at the Annual Meeting in 2020.  James M. Micali's term expired at the 2017 Annual Meeting as a result of his reaching the mandatory retirement age.

In other business, shareholders approved the following - the appointment of Deloitte & Touche LLP as SCANA's independent registered public accounting firm to audit the Company's 2017 financial statements, a non-binding advisory approval of executive compensation, and a non-binding advisory approval to hold a vote on executive compensation on an annual basis.  Board-proposed amendments to declassify the Board of Directors and provide for the annual election of all directors did not receive the votes required to amend the Articles of Incorporation.   

Immediately following the Annual Meeting, SCANA's Board of Directors met and declared the regular quarterly dividend of 61 ¼ cents per share on the Company's common stock for the quarter ending June 30, 2017.  The dividend is payable July 1, 2017 to shareholders of record at the close of business on June 12, 2017.  

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 is available on the company's website at www.scana.com.

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SOURCE SCANA Corporation