TECO Energy, Inc. (TE) Ex-Dividend Date Scheduled for May 09, 2013


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TECO Energy, Inc. ( TE ) will begin trading ex-dividend on May 09, 2013. A cash dividend payment of $0.22 per share is scheduled to be paid on May 28, 2013. Shareholders who purchased TE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 6th quarter that TE has paid the same dividend. At the current stock price of $19.06, the dividend yield is 4.62%.

The previous trading day's last sale of TE was $19.06, representing a -0.47% decrease from the 52 week high of $19.15 and a 18.24% increase over the 52 week low of $16.12.

TE is a part of the Public Utilities sector, which includes companies such as Southern Company ( SO ) and Dominion Resources, Inc. ( D ). TE's current earnings per share, an indicator of a company's profitability, is $.94. Zacks Investment Research reports TE's forecasted earnings growth in 2013 as -16.43%, compared to an industry average of 6.1%.

For more information on the declaration, record and payment dates, visit the TE Dividend History page.

Interested in gaining exposure to TE through an Exchange Traded Fund [ETF]?
The following ETF(s) have TE as a top-10 holding:

  • PowerShares S&P 500 High Dividend Portfolio ( SPHD )
  • First Trust Value Line Dividend Index Fund ( FVD ).

The top-performing ETF of this group is SPHD with an increase of 14.92% over the last 100 days. It also has the highest percent weighting of TE at 2.31%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , Stocks
More Headlines for: D , FVD , SO , SPHD , TE

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