TECO Energy (TE) Declares $0.40 Quarterly Dividend, 5.7% Yield

October 29, 2009 10:27 AM EDT

TECO Energy, Inc. (NYSE: TE) declared a dividend of $0.20 per share, or $0.80 annualized.

The dividend is payable November 27 to shareholders of record as of November 16. The ex-dividend date is November 14, 2009.

Yield on the dividend is 5.7%.

TECO Energy, Inc., through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electric energy in Florida.


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