TAMPA, Fla.--(BUSINESS WIRE)-- At its meeting today, the board of directors of TECO Energy declared a dividend of 22.5 cents per share on the company’s common stock. The dividend is payable May 28 to shareholders of record as of May 13.

TECO Energy Inc. (NYSE: TE) is an energy-related holding company with regulated electric and gas utilities in Florida and New Mexico. Tampa Electric serves more than 700,000 customers in West Central Florida; Peoples Gas System serves more than 350,000 customers across Florida; and New Mexico Gas Co. serves more than 510,000 customers across New Mexico. Other TECO Energy subsidiaries include TECO Coal, which owns and operates coal-production facilities in Kentucky, Tennessee and Virginia.

TECO Energy Inc.

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Source: TECO Energy Inc.