Market Overview

TECO Energy Declares Quarterly Dividend


At its meeting today, the board of directors of TECO Energy (NYSE: TE) declared a dividend of 22 cents per share on the company's common stock. The dividend is payable Nov. 28 to shareholders of record as of Nov. 13.

TECO Energy Inc. (NYSE: TE) is an energy-related holding company. Its principal subsidiary, Tampa Electric Company, is a regulated utility in Florida with both electric and gas divisions (Tampa Electric and Peoples Gas System). Its other major subsidiary, TECO Coal, owns and operates coal production facilities in Kentucky and Virginia.

TECO Energy Inc.
Media Contact: Cherie Jacobs, 813-228-4945
Investor Relations: Mark Kane, 813-228-1772

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