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Cash Dividend On The Way From Tallgrass Energy GP

Looking at the universe of stocks we cover at Dividend Channel , on 2/1/17, Tallgrass Energy GP LP (Symbol: TEGP) will trade ex-dividend, for its quarterly dividend of $0.2775, payable on 2/14/17. As a percentage of TEGP's recent stock price of $27.41, this dividend works out to approximately 1.01%, so look for shares of Tallgrass Energy GP LP to trade 1.01% lower - all else being equal - when TEGP shares open for trading on 2/1/17.

TEGP+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TEGP is likely to continue, and whether the current estimated yield of 4.05% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of TEGP shares, versus its 200 day moving average:

Tallgrass Energy GP LP 200 Day Moving Average Chart

Looking at the chart above, TEGP's low point in its 52 week range is $9.66 per share, with $28.18 as the 52 week high point - that compares with a last trade of $27.38.

In Monday trading, Tallgrass Energy GP LP shares are currently down about 0.5% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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