UPDATE: Tallgrass Energy GP (TEGP) Declares $0.073 Quarterly Dividend; 0.9% Yield

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Tallgrass Energy Partners Increases Quarterly Distribution for Eighth Consecutive Quarter; Tallgrass Energy GP Declares First Distribution Post IPO

July 15, 2015 4:05 PM EDT

LEAWOOD, Kan.--(BUSINESS WIRE)-- Tallgrass Energy Partners, LP (NYSE: TEP) and Tallgrass Energy GP, LP (NYSE: TEGP) today announced their quarterly distributions for the second quarter of 2015.

TEP

The board of directors of TEPs general partner declared a quarterly cash distribution of $0.58 per common unit for the second quarter of 2015, or $2.32 on an annualized basis. This represents a 52.6 percent increase from the second quarter of 2014 and an 11.5 percent sequential increase from the first quarter 2015 distribution of $0.52. It is TEPs... More