Tallgrass Energy Partners, LP ( TEP ) will begin trading ex-dividend on October 28, 2015. A cash dividend payment of $0.6 per share is scheduled to be paid on November 13, 2015. Shareholders who purchased TEP prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.45% increase over the prior quarter. At the current stock price of $41.87, the dividend yield is 5.73%.
The previous trading day's last sale of TEP was $41.87, representing a -22.03% decrease from the 52 week high of $53.70 and a 19.56% increase over the 52 week low of $35.02.
TEP is a part of the Public Utilities sector, which includes companies such as Kinder Morgan, Inc. ( KMI ) and National Grid Transco, PLC ( NGG ). TEP's current earnings per share, an indicator of a company's profitability, is $1.69. Zacks Investment Research reports TEP's forecasted earnings growth in 2015 as 72.37%, compared to an industry average of 9.6%.
For more information on the declaration, record and payment dates, visit the TEP Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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.