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SCANA Corporation Holds 2016 Annual Meeting, Declares Regular
Dividend on Common Stock For Second Quarter 2016
Cayce, SC, April 28, 2016 … SCANA Corporation (NYSE: SCG) announced that the
Company’s 2016 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 II
Directors to SCANA’s Board – Gregory E. Aliff, Sharon A. Decker, Kevin B. Marsh, and James
M. Micali. Terms of the Class II Directors will expire at the Annual Meeting in 2019 (except
James M. Micali, whose term will expire 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 2016
financial statements, an amendment to the Director Compensation and Deferral Plan to set an
annual limit of 10,000 shares on the number of shares that may be issued to any individual
participant under the plan each year, and an amendment to the Director Compensation and
Deferral Plan increasing by 150,000 the number of shares that may be reserved under the
plan. 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 57 ½ cents per share on the Company’s common stock for the
quarter ending June 30, 2016. The dividend is payable July 1, 2016 to shareholders of record at
the close of business on June 10, 2016.
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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