SCANA Corporation Holds 2014 Annual Meeting, Declares Regular Dividends on Common Stock For Second Quarter 2014
CAYCE, S.C., April 24, 2014 /PRNewswire/ -- SCANA Corporation (NYSE: SCG) announced that the Company's 2014 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 Hagood and Alfredo Trujillo. Terms of the Class III Directors will expire at the Annual Meeting in 2017.
In other business, shareholders approved the appointment of Deloitte & Touche LLP as SCANA's independent registered public accounting firm to audit the Company's 2014 financial statements. The 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. Shareholders also voted on a non-binding (advisory) proposal to approve executive compensation which 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 52 ½ cents per share on the Company's common stock for the quarter ending June 30, 2014. The dividend is payable July 1, 2014 to shareholders of record at the close of business on June 10, 2014.
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.
SOURCE SCANA Corporation