TECO Energy, Inc. ( TE ) will begin trading ex-dividend on May 09, 2014. A cash dividend payment of $0.22 per share is scheduled to be paid on May 28, 2014. Shareholders who purchased TE stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that TE has paid the same dividend. At the current stock price of $18.07, the dividend yield is 4.87%.
The previous trading day's last sale of TE was $18.07, representing a -5.98% decrease from the 52 week high of $19.22 and a 12.1% 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 $.96. Zacks Investment Research reports TE's forecasted earnings growth in 2014 as 6.79%, compared to an industry average of 2.8%.