TECO Energy, Inc. ( TE ) will begin trading ex-dividend on August 12, 2014. A cash dividend payment of $0.22 per share is scheduled to be paid on August 28, 2014. Shareholders who purchased TE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 11th quarter that TE has paid the same dividend. At the current stock price of $17.49, the dividend yield is 5.03%.
The previous trading day's last sale of TE was $17.49, representing a -5.61% decrease from the 52 week high of $18.53 and a 8.5% increase over the 52 week low of $16.12.
TE is a part of the Public Utilities sector, which includes companies such as NextEra Energy, Inc. ( NEE ) and Dominion Resources, Inc. ( D ). TE's current earnings per share, an indicator of a company's profitability, is $.99. Zacks Investment Research reports TE's forecasted earnings growth in 2014 as 6.95%, compared to an industry average of 1.1%.
Interested in gaining exposure to TE through an Exchange Traded Fund [ETF]?
The following ETF(s) have TE as a top-10 holding:
- ALPS Sector Dividend Dogs ETF ( SDOG ).
The top-performing ETF of this group is SDOG with an increase of 6.35% over the last 100 days. It also has the highest percent weighting of TE at 2.03%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.