Tallgrass Energy Partners (TEP) Raises Quarterly Dividend 10.2% to $0.705; 7.7% Yield
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Tallgrass Energy Announces Increased Quarterly Distributions
April 12, 2016 6:45 AM EDTLEAWOOD, Kan.--(BUSINESS WIRE)-- Tallgrass Energy Partners, LP (NYSE: TEP) and Tallgrass Energy GP, LP (NYSE: TEGP) (Tallgrass) today announced their quarterly distributions for the first quarter of 2016. The distributions will be paid on Friday, May 13, 2016, to unitholders and shareholders of record as of the close of business on Thursday, April 21, 2016.
TEP
The board of directors of TEPs general partner declared a quarterly cash distribution of $0.705 per common unit for the first quarter of 2016, or $2.82 on an annualized basis. This represents a 35.6... More
