CAPS Rating: 4 out of 5

An energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations and other energy-related businesses.


Player Avatar truthisntstupid (93.47) Submitted: 11/22/2009 9:19:39 PM : Outperform Start Price: $27.47 SCG Score: +30.55

Rated three stars by Standard & Poors because they think SCANA is fairly valued. Here is a utility with solid cash flow to cover its dividend, nuclear power, and a natural gas pipeline. S & P sees its unregulated gas pipeline in Geogia growng faster than its regulated businesses. Low dividend payout ratio for a utility. Invested in SCANA through its direct stock purchase plan offered through SCANA.COM in mid-June at $29.16 with no transaction fee - something I really like. Its dividend yield at the time was over 6.4%

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Member Avatar truthisntstupid (93.47) Submitted: 11/22/2009 9:26:20 PM
Recs: 2

Oops I was still looking at my paperwork on PNW. I invested in SCG in mid-May at $29.90. It was offering a 6.3% dividend then - but there were no transaction fees.

Member Avatar truthisntstupid (93.47) Submitted: 6/4/2011 5:13:56 PM
Recs: 0

Well! How about an update?
Today is Saturday, June 4, 2011.
This company's stock is changing hands at just under $40.
This is just a plain and simple excellent dividend income stock. I said income. The dividend when I bought it and made it a CAPS pick was $0.47 quarterly. Now the quarterly payout is $0.4850.
The dividend has grown by 3.19%.
As a dividend growth stock, this is mediocre. But that's why I said this is simply a good investment for current income so far. Maybe there will be more dividend growth in the future, but for now, at its current price of $39.89, that's a darn safe 4.86% current dividend yield.
But not for me. At my original start price of $34.74, that represents a yield on cost of 5.58%.
CAPS now lists my start price as $32.25. The dividend even on this slow, boring, unexciting income stock has chopped my CAPS start price from the original $34.74 down to what you see here...$32.25.
Unless you're reading this after June 8, 2011, 4 days from now...when it will go ex-dividend again...and my CAPS start price will fall once more - from $32.25 down to around $31.87, give or take a few cents.
By this time next year? My CAPS start price will likely be below $30.
These periodic, clockwork, dependable, decreases in my dividend-adjusted price, which is what our CAPS start prices are, represent real money returns for dividend investors.
My dividend-adjusted price has fallen by $2.49. For a few more days, after which it will have fallen by somewhere in the vicinity of $2.87. Come the September ex-dividend date, time and dividends will have eroded my start price by more than $3.20.
That's 9.2% off my original start price.
Dull? Boring?
You decide.

Member Avatar truthisntstupid (93.47) Submitted: 2/6/2012 7:44:18 PM
Recs: 0

2/6/2012 start price has now fallen from $34.74 to $31.12. Dividends have lopped $3.62 off my original start price...over 10% since Nov of 2009. With the dividend now at $1.94, the yield on cost for my Nov 2009 SCG pick would now be up to 5.58%. ($1.94/$34.74)

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