TECO Energy declares quarterly dividend
TAMPA, February 2, 2011
At its meeting today, the Board of Directors of TECO Energy, Inc. declared a dividend of 20.5 cents per share on the company’s common stock. The dividend is payable February 28 to shareholders of record as of February 14.
TECO Energy, Inc. (NYSE: TE) is an energy-related holding company. Its principal subsidiary, Tampa Electric Company , is a regulated utility in Florida with both electric and gas divisions ( Tampa Electric and Peoples Gas System ). Other subsidiaries include TECO Coal, which owns and operates coal production facilities in Kentucky and Virginia, and TECO Guatemala, which is engaged in electric power generation and energy-related businesses in Guatemala.