Tallgrass Energy GP (TEGP) Raises Quarterly Dividend 3.6% to $0.355; 5.1% Yield

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Tallgrass Energy Increases Quarterly Distributions and Announces Date for Third Quarter 2017 Financial Results

October 10, 2017 2:25 PM 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 third quarter of 2017. The distributions will be paid on Tuesday, November 14, 2017, to unitholders and shareholders of record as of the close of business on Tuesday, October 31, 2017.

TEP

The board of directors of TEPs general partner declared a quarterly cash distribution of $0.945 per common unit for the third quarter of 2017, or $3.78 on an annualized basis. This represents a... More