How SCANA Dug a Hole in Investors’ Pockets
In this part, we’ll discuss SCANA’s (SCG) total returns. In the past year, SCANA dug deep into investors’ pockets with its returns coming in at -28%. Southern Company (SO) suffered due to Westinghouse’s bankruptcy and returned -4% during the same period.
Currently, SCANA is trading at dividend yield of 4.4%—one of the highest in the industry. The premium yield might be the result of the stock’s big correction in the past year.
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To learn about utility stocks with handsome potential upsides, read These SPX Utilities Could Gain You More than 10% from Here.