TECO Energy (TE) Raises Quarterly Dividend 2.2% to $0.23; 3.4% Yield
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TECO Energy Raises Dividend for 2016
February 3, 2016 9:04 AM ESTTAMPA, Fla.--(BUSINESS WIRE)-- The board of directors of TECO Energy Inc. (NYSE: TE) has declared a quarterly dividend of 23 cents per share, or 92 cents per share on an annual basis an increase of 2.2 percent. The dividend is payable Feb. 29 to shareholders of record as of Feb. 12.
I am proud of TECO Energys 92 consecutive years of cash dividends, said John Ramil, president and chief executive officer of TECO Energy. We are pleased we can continue to reward our shareholders for their many years of loyalty.
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