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Tallgrass Energy Partners, LP (TEP) Ex-Dividend Date Scheduled for April 28, 2014
By: NASDAQ.com News
Tallgrass Energy Partners, LP ( TEP ) will begin trading ex-dividend on April 28, 2014. A cash dividend payment of $0.325 per share is scheduled to be paid on May 14, 2014. Shareholders who purchased TEP stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.17% increase over the prior quarter. At the current stock price of $35.3, the dividend yield is 3.68%.
The previous trading day's last sale of TEP was $35.3, representing a -6.02% decrease from the 52 week high of $37.56 and a 71.94% increase over the 52 week low of $20.53.
TEP is a part of the Public Utilities sector, which includes companies such as Enterprise Products Partners L.P. ( EPD ) and National Grid Transco, PLC ( NGG ). Zacks Investment Research reports TEP's forecasted earnings growth in 2014 as 62.11%, compared to an industry average of 7.8%.