TECO Energy (TE) Tops Q1 EPS by 4c

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TECO Energy Reports First-Quarter Results

May 5, 2016 8:02 AM EDT

TAMPA, Fla.--(BUSINESS WIRE)-- TECO Energy, Inc. (NYSE: TE) today reported first-quarter non-GAAP results from continuing operations, which exclude $0.1 million of Emera transaction costs, of $73.8 million, or $0.31 on a per-share basis, compared with $64.5 million, or $0.28 on a per-share basis, in 2015.

First-quarter 2016 net income was $73.8 million, or $0.31 per share, compared with $58.0 million, or $0.25 per share, in the first quarter of 2015. Net income from continuing operations was $73.7 million, or $0.31 per share, in the 2016 first quarter, compared with $63.8 million, or $0.27 per share, for the same period in 2015. The first quarter losses in discontinued operations of $5.8 million... More

TECO Energy Declares Quarterly Dividend

May 4, 2016 8:42 AM EDT

TAMPA, Fla.--(BUSINESS WIRE)-- At its meeting today, the board of directors of TECO Energy declared a dividend of 23 cents per share on the companys common stock. The dividend is payable May 27 to shareholders of record as of May 16.

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