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SCANA CORPORATION INCREASES COMMON STOCK DIVIDEND

 Columbia, S.C., Feb. 16 / PRNewswire/ -- SCANA Corporation (NYSE: SCG) announced that its Board of Directors, at a meeting held


today, raised the quarterly dividend rate on the Company's common stock to 68 1/2 cents per share from 67 cents per share, a 2.2 percent increase. The new dividend is payable April 1, 1993 to stockholders of record at the close of business on March 10, 1993 for the quarter ending March 31, 1993. This action raises the indicated annual dividend rate on the Company's common stock to $2.74 from $2.68 per share. SCANA has increased the dividend rate on its common stock for 18 consecutive years and in 40 of the last 41 years.
 SCANA's Board of Directors also declared the regular quarterly dividends on the following series of cumulative preferred stock of South Carolina Electric & Gas Company, SCANA's principal subsidiary, for the quarter ending March 31, 1993:
 $50 Par Value:
 56 1/4 cents per share on the 4.50 percent Series
 57 1/2 cents per share on the 4.60 percent Series
 57 1/2 cents per share on the 4.60 percent Series A
 57 1/2 cents per share on the 4.60 percent Series B
 62 1/2 cents per share on the 5 percent Series
 64 1/16 cents per share on the 5.125 percent Series
 75 cents per share on the 6 percent Series
 $1.09 per share on the 8.72 percent Series
 $1.175 per share on the 9.40 percent Series
 $100 Par Value:
 $1.925 per share on the 7.70 percent Series
 $2.03 per share on the 8.12 percent Series
 $2.10 per share on the 8.40 percent Series
 Dividends on the preferred stocks are also payable April 1, 1993 to holders of record on March 10, 1993. The 5 percent Series is listed on the New York Stock Exchange - the trading symbol is "SAC Pr."
 SCANA Corporation, headquartered in Columbia, SC, is a diversified holding company engaged, through subsidiaries, in regulated electric and natural gas utility businesses and other non-regulated businesses.
 -0- 2/16/93
 /CONTACT: H. John Winn, III, Manager Investor Relations & Shareholder Services, SCANA Corporation, 803-748-3240/
 (SCG)


CO: SCANA Corporation ST: South Carolina IN: UTI SU: DIV

SB -- CH009 -- 6854 02/16/93 14:04 EST
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Publication:PR Newswire
Date:Feb 16, 1993
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