Tallgrass Energy Increases Quarterly Dividend and Announces Date for First Quarter 2019 Financial Results
LEAWOOD, Kan.--(BUSINESS WIRE)-- Tallgrass Energy, LP (NYSE: TGE) today announced its quarterly dividend for the first quarter of 2019. The dividend will be paid on Wednesday, May 15, 2019, to shareholders of record as of the close of business on Tuesday, April 30, 2019.
The board of directors of TGE’s general partner declared a quarterly cash dividend of $0.5300 per Class A share for the first quarter of 2019, or $2.12 on an annualized basis. This represents a 1.9 percent sequential increase from the fourth quarter 2018 dividend of $0.5200 per Class A share and an increase of 8.7 percent from the first quarter 2018 dividend of $0.4875 per Class A share. It is TGE’s 15th consecutive increase since its May 2015 IPO.
First Quarter 2019 Financial Results and Conference Call
Tallgrass plans to report first quarter 2019 financial results on Tuesday, May 7, 2019, 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.
Source: Tallgrass Energy, LP