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%.