LEAWOOD, Kan. -- (Business Wire)
Tallgrass Energy, LP (NYSE: TGE) today announced its quarterly dividend
for the second quarter of 2018. The dividend will be paid on Tuesday,
August 14, 2018, to shareholders of record as of the close of business
on Tuesday, July 31, 2018.
The board of directors of TGE’s general partner declared a quarterly
cash dividend of $0.4975 per Class A share for the second quarter of
2018, or $1.99 on an annualized basis. This represents a 2.1 percent
sequential increase from the first quarter 2018 dividend of $0.4875 per
Class A share and an increase of 45.3 percent from the second quarter
2017 dividend of $0.3425 per Class A share. It is TGE’s 12th
consecutive increase since its May 2015 IPO.
Effective June 30, 2018, TGE acquired all of the outstanding public
common units of Tallgrass Energy Partners, LP in a previously announced
merger transaction. Upon completion of the transaction, TGE changed its
name to Tallgrass Energy, LP (formerly Tallgrass Energy GP, LP) and
effective July 2, 2018, changed its NYSE ticker symbol from “TEGP” to
“TGE.”
Second Quarter 2018 Financial Results and
Conference Call
Tallgrass plans to report second quarter 2018 financial results on
Thursday, August 2, 2018, and hold a conference call at 3:30 p.m.
Central Time that same day.
TGE invites shareholders and other interested parties to listen to the
call through a link posted on the Investor Relations section of
Tallgrass’s website at www.tallgrassenergy.com.
About Tallgrass Energy
Tallgrass Energy, LP (NYSE: TGE) is a growth-oriented midstream energy
infrastructure company operating across 11 states with transportation,
storage, terminal, water, gathering and processing assets that serve
some of the nation’s most prolific crude oil and natural gas basins.
To learn more, please visit our website at www.tallgrassenergy.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180709005257/en/
Contacts:
Tallgrass Energy
Investor and Financial Inquiries
Nate
Lien, 913-928-6012
investor.relations@tallgrassenergylp.com
or
Media
and Trade Inquiries
Phyllis Hammond, 303-763-3568
phyllis.hammond@tallgrassenergylp.com
Source: Tallgrass Energy, LP
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