BlueKnight Energy Partners (BKEP) Raises Quarterly Dividend 6.3% to $0.0425; 4.7% Yield
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Blueknight Increases Quarterly Distribution
January 25, 2022 5:42 PM ESTTULSA, Okla., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Blueknight Energy Partners, L.P. (Blueknight or the Partnership) (Nasdaq: BKEP and BKEPP), announced today that the Board of Directors of its general partner declared a 6.25% increase to the quarterly cash distribution rate to $0.0425 per common unit, or $0.17 per common unit on an annualized basis. The Partnership also announced a quarterly cash distribution of $0.17875 per preferred unit, which is unchanged from the third quarter 2021. The fourth quarter 2021 distributions are payable on February 14, 2022, to unitholders of record as of the close of business on February 7, 2022.
This announcement represents another significant milestone for... More
