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The Top 10 S&P 500 Dividend Stocks for February

These dividend stocks yield no less than 5% and sometimes more than 13%

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#10: Teco Energy (TE)

dividend-stocks-te-stockTE Dividend Yield: 5.4%

It’s hardly a surprise to see another electric and gas utility on this list, but please welcome Teco Energy (TE) into the top ten, with a yield well above 5%.

The extended deep freeze hitting much of the country finally gave energy companies a break. Demand for natural gas led to a rise in prices, helping to lift them out of a long period of languishing near historic lows.

Unfortunately, greater energy use hasn’t done anything to support Teco stock this year. TE stock is off 4.6% for the year-to-date.

Article printed from InvestorPlace Media,

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