Scana’s shareholder policy is to give its shareholders a competitive return in the form of dividends and increase in market value. Scana will pursue a conservative share issue policy, in which the interests of existing shareholders are given precedence.
Satisfactory long-term growth and financial performance should provide shareholders with a good value develop-ment overall. The company’s dividend policy must take into consideration the need to maintain adequate levels of capital and allow for added value through new investment. Based on this, the board believes it is appropriate that the long-term dividend constitutes 1/3 of the profit for the year. The remainder shall ensure growth and a satisfactory shareholders’ equity.
The ordinary general meeting has decided that no dividend should be distributed for 2010