Tallgrass Energy Partners (TEP) Raises Quarterly Dividend 2.5% to $0.815; 6.7% Yield

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Tallgrass Energy Increases Quarterly Distributions and Announces Date for Fourth Quarter 2016 Financial Results

January 24, 2017 6:45 AM EST

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 fourth quarter of 2016. The distributions will be paid on Tuesday, February 14, 2017, to unitholders and shareholders of record as of the close of business on Friday, February 3, 2017.

TEP

The board of directors of TEPs general partner declared a quarterly cash distribution of $0.815 per common unit for the fourth quarter of 2016, or $3.26 on an annualized basis. This represents a... More