TECO Energy Declares Quarterly Dividend.TAMPA, Fla. -- At its meeting today, the Board of Directors of TECO Energy TECO Energy, Inc. (NYSE: TE) is an S&P 500 electrical power company located in Tampa, Florida. "TECO" is short for "Tampa Electric Co." Environmental record , Inc. (NYSE NYSE See: New York Stock Exchange :TE) declared a dividend of 19.5 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. on the company's common stock. The dividend is payable August 28 to shareholders of record as of August 15. Effective with the January 2007 dividend, the expected payment dates moved from the 15th of the month to the 28th. Thus, the next expected 2007 dividend payment date is November 28. TECO Energy, Inc. (NYSE:TE) is an integrated energy-related holding company with regulated utility businesses, complemented by a family of unregulated businesses. Its principal subsidiary, Tampa Electric Company, is a regulated utility with both electric and gas divisions (Tampa Electric and Peoples Gas System). Other subsidiaries are engaged in waterborne transportation, coal and synthetic fuel Synthetic fuel or synfuel is any liquid fuel obtained from coal, natural gas, or biomass. It can sometimes refer to fuels derived from other solids such as oil shale, tar sand, waste plastics, or from the fermentation of biomatter. production and electric generation and distribution in Guatemala. |
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