BlueKnight Energy Partners (BKEP) Declares $0.145 Quarterly Dividend; 11.9% Yield

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Blueknight Declares Quarterly Distributions

April 19, 2016 4:38 PM EDT

OKLAHOMA CITY--(BUSINESS WIRE)-- Blueknight Energy Partners, L.P. (NASDAQ: BKEP Common Units) (NASDAQ: BKEPP Preferred Units) ("BKEP" or the "Partnership"), announced today that the board of directors of its general partner has declared a quarterly cash distribution on the Partnerships common units of $0.1450 per common unit, unchanged from the Partnerships 4Q 2015 distribution and a 3.9 percent increase as compared to the Partnerships 1Q 2015 distribution, as well as a quarterly cash distribution on the Partnerships preferred units of $0.17875 per preferred unit. The distributions are payable on May 13, 2016 on all outstanding common and preferred units to unitholders of record as... More