Tallgrass Energy Partners LP Reaches New 12-Month High at $24.46 (TEP)
Tallgrass Energy Partners LP (NYSE:TEP)’s share price reached a new 52-week high during mid-day trading on Thursday, American Banking News reports. The stock traded as high as $24.46 and last traded at $23.50, with a volume of 39,153 shares traded. The stock had previously closed at $23.69.
Tallgrass Energy Partners LP has a 52-week low of $20.53 and a 52-week high of $24.00. The stock has a 50-day moving average of $22.84 and a 200-day moving average of $22.27. The company’s market cap is $959.9 million.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, November 13th. Stockholders of record on Friday, November 1st will be given a dividend of $0.30 per share. This represents a $1.19 dividend on an annualized basis and a yield of 5.02%. The ex-dividend date of this dividend is Wednesday, October 30th. This is a boost from Tallgrass Energy Partners LP’s previous quarterly dividend of $0.14.
Tallgrass Energy Partners, LP is a limited partnership company. It provides natural gas transportation and storage services for customers in the Rocky Mountain and Midwest regions of the United States through its Tallgrass Interstate Gas transportation system and processing services for customers in Wyoming through its Midstream Facilities.
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