Tallgrass Energy LP ticker dps (an.) 2024 hike 2023 hike 2022 hike
TGE N/A N/A N/A N/A
Business yield Hike yrs 5 yr CAGR freq. paid since
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Tallgrass Energy LP hikes dividend by 2.5%

Tallgrass Energy LP (TGE) will raise its quarterly distribution by 2.5 percent to $0.51 per Class A share. It is TGE’s 13th consecutive increase since its May 2015 IPO.

The dividend will be paid on Wednesday, November 14, 2018, to shareholders of record as of the close of business on Wednesday, October 31, 2018. This marks the third increase for the limited partnership company in 2018 and translates into a new yield of 8.6% at a stock price of $23.72.

Tallgrass Energy LP, formerly Tallgrass Energy GP, LP, is a limited partnership company, which includes the operations of Tallgrass Equity, LLC (Tallgrass Equity), Tallgrass MLP GP, LLC, Tallgrass Energy Partners, LP (TEP), and TEP's subsidiaries. TEP owns, operates, acquires and develops midstream energy assets in North America.