Tallgrass Energy GP (TEGP) will raise its quarterly distribution to $0.2775 per Class A share.
The distribution 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.
Tallgrass Energy is a family of companies that includes publicly traded partnerships Tallgrass Energy Partners, LP (TEP) and Tallgrass Energy GP, LP (TEGP), and privately held Tallgrass Development, LP. Tallgrass is a growth-oriented midstream energy operator with transportation, storage, terminal and processing assets that serve crude oil and natural gas basins.