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TECO Energy Declares Quarterly Dividend

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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 company's common stock. The dividend is payable May 27 to shareholders of record as of May 16.

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 nearly 725,000 customers in West Central Florida; Peoples Gas System serves nearly 365,000 customers across Florida; and New Mexico Gas Co. serves more than 515,000 customers across New Mexico.

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

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