News Release

TECO Energy declares quarterly dividend

TAMPA, July 30, 2014

At its meeting today, the board of directors of TECO Energy declared a dividend of 22 cents per share on the company’s common stock. The dividend is payable Aug. 28 to shareholders of record as of Aug. 14.

This year marks the 90th consecutive year TECO Energy has paid cash dividends to shareholders .

TECO Energy Inc. (NYSE: TE) is an energy-related holding company. Its principal subsidiary, Tampa Electric Co., is a regulated utility in Florida with both electric and gas divisions ( Tampa Electric and Peoples Gas System ). Tampa Electric serves almost 700,000 customers in West Central Florida, and Peoples Gas serves almost 350,000 customers in most of Florida’s major metropolitan areas and beyond. TECO Energy’s other subsidiaries include TECO Coal, which owns and operates coal-production facilities in Kentucky, Tennessee and Virginia.