BlueKnight Energy Partners (BKEP) Declares $0.572 Quarterly Dividend; 52.5% Yield

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Blueknight Declares Quarterly Distributions

January 20, 2016 4:46 PM EST

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 $0.1450 per common unit, which is equal to the previous quarter's distribution and a 6.2% increase over the fourth quarter 2014 distribution, and $0.17875 per preferred unit. The distributions are payable on... More