SCANA Stock To Go Ex-dividend Tomorrow (SCG)

NEW YORK ( TheStreet) -- The ex-dividend date for SCANA (NYSE: SCG) is tomorrow, June 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 50 cents per share. At a price of $47.26 as of 9:30 a.m. ET, the dividend yield is 4.2%.

The average volume for SCANA has been 579,500 shares per day over the past 30 days. SCANA has a market cap of $6.11 billion and is part of the utilities sector and utilities industry. Shares are up 4.3% year to date as of the close of trading on Tuesday.

SCANA Corporation, through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in South Carolina. It owns nuclear, coal, hydro, oil and gas, and biomass generating facilities. The company has a P/E ratio of 16.2, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates SCANA as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full SCANA Ratings Report.

See our dividend calendar or top-yielding stocks list.
null

If you liked this article you might like

Wall Street Got the Utility Sector Wrong -- 4 High-Yield Break Outs

These Four High-Yielders Are Breaking Out

Market Recon: Most Unusually, We're Seeing Safe Haven Investing

Market Recon: Crossed Wires? Hot Wire, Trip Wire, Live Wire

Mizuho Analysts Share Their Top Stock Picks for 2017