BlueKnight Energy Partners (BKEP) Raises Quarterly Dividend 2.2% to $0.1395; 6.9% Yield

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Blueknight Declares Quarterly Distributions

April 21, 2015 5:15 PM EDT

OKLAHOMA CITY--(BUSINESS WIRE)-- Blueknight Energy Partners, L.P. (NASDAQ: BKEP)(NASDAQ: BKEPP) ("BKEP" or the "Partnership"), a midstream energy company focused on providing integrated services for companies engaged in the production, distribution and marketing of crude oil, asphalt and other petroleum products, announced today that the board of directors of its general partner has declared quarterly cash distributions of $0.1395 per common unit, a 2.2% increase over the previous quarter's distribution and a 7.3% increase over the first quarter of 2014's distribution, and $0.17875 per preferred unit, payable on May 15, 2015... More