TECO Energy (TE) Declares $0.225 Quarterly Dividend; 4.6% Yield

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TECO Energy Declares Quarterly Dividend

April 29, 2015 9:04 AM EDT

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 companys common stock. The dividend is payable May 28 to shareholders of record as of May 13.

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TECO Energy Reports First-Quarter Results

April 28, 2015 4:15 PM EDT

Company maintains 2015 earnings-per-share guidance in a range between $1.08 and $1.11

TAMPA, Fla.--(BUSINESS WIRE)-- TECO Energy, Inc. (NYSE: TE) today reported that first-quarter 2015 non-GAAP results from continuing operations were $64.5 million, or $0.28 on a per-share basis, compared with $50.5 million, or $0.23 on a per-share basis in 2014. The 2015 results exclude $0.7 million of costs associated with the integration of New Mexico Gas Co. (NMGC).

First-quarter 2015 GAAP net income was $58.0 million, or $0.25 per share, compared with $50.1 million, or $0.23 per share, in the first quarter of 2014. Net income from continuing operations was $63.8... More