TECO Energy Stock To Go Ex-dividend Tomorrow (TE)
NEW YORK (
) -- The ex-dividend date for
(NYSE:
) is tomorrow, February 9, 2012. Owners of shares as of market close today will be eligible for a dividend of 22 cents per share. At a price of $18.31 as of 9:30 a.m. ET, the dividend yield is 4.9%.
The average volume for TECO Energy has been 1.6 million shares per day over the past 30 days. TECO Energy has a market cap of $3.9 billion and is part of the
sector and
industry. Shares are down 4.6% year to date as of the close of trading on Tuesday.
TECO Energy, Inc., an electric and gas utility company, through its subsidiaries, engages in the generation, purchase, transmission, distribution, and sale of electric energy. The company has a P/E ratio of 14.3, above the average utilities industry P/E ratio of 14.1 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates TECO Energy as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, notable return on equity and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full
.
See our
or
.
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