SCANA Corporation Holds 2012 Annual Meeting, Declares Regular Dividends on Common Stock For Second Quarter 2012
CAYCE, S.C., May 3, 2012 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) announced that the Company's 2012 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 I Directors to SCANA's Board – James A. Bennett, Lynne M. Miller, James W. Roquemore and Maceo K. Sloan. Terms of the Class I Directors will expire at the Annual Meeting in 2015.
In other business, shareholders approved the appointment of Deloitte & Touche LLP as SCANA's independent registered public accounting firm to audit the Company's 2012 financial statements. In addition, a non-binding shareholder proposal to repeal the classification of the Board of the Directors received a majority of the votes cast at the meeting.
Immediately following the Annual Meeting, SCANA's Board of Directors met and declared the regular quarterly dividend of 49-1/2 cents per share on the Company's common stock for the quarter ending June 30, 2012. The dividend is payable July 1, 2012 to shareholders of record at the close of business on June 11, 2012.
SCANA Corporation, a Fortune 500 company 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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