Tallgrass Energy GP (TEGP) Raises Quarterly Dividend 16.7% to $0.245; 4.4% Yield

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Go back to Tallgrass Energy GP (TEGP) Raises Quarterly Dividend 16.7% to $0.245; 4.4% Yield

Tallgrass Energy Announces Increased Quarterly Distributions

July 6, 2016 6:45 AM EDT

LEAWOOD, Kan.--(BUSINESS WIRE)-- Tallgrass Energy Partners, LP (NYSE: TEP) and Tallgrass Energy GP, LP (NYSE: TEGP) (Tallgrass) today announced their quarterly distributions for the second quarter of 2016. The distributions will be paid on Friday, August 12, 2016, to unitholders and shareholders of record as of the close of business on Friday, July 29, 2016.

TEP

The board of directors of TEPs general partner declared a quarterly cash distribution of $0.755 per common unit for the second quarter of 2016, or $3.02 on an annualized basis. This represents a... More