TECO Energy announces dividend increase
TAMPA, April 21, 1999
TECO Energy's quarterly dividend will increase 4.8 percent from 31 cents per share to 32.5 cents, the company announced today.
The increase brings TECO Energy's annual dividend rate to $1.30 a share, a 6 cent increase. It also marks the 40th consecutive year the company has increased the dividend, said Girard F. Anderson, chairman and chief executive officer.
The dividend will be payable May 15 to shareholders of record as of April 30.
TECO Energy is a diversified energy-related holding company headquartered in Tampa. Its principal businesses are Tampa Electric, Peoples Gas, TECO Transport, TECO Coal, TECO Coalbed Methane, TECO Power Services, and Bosek, Gibson and Associates.