BlueKnight Energy Partners (BKEP) Update - Nov 1

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dan_s
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Joined: Fri Apr 23, 2010 8:22 am

BlueKnight Energy Partners (BKEP) Update - Nov 1

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Blueknight Energy Partners, L.P. (“Blueknight” or the “Partnership”) (Nasdaq: BKEP and BKEPP), announced that the board of directors of its general partner has declared a quarterly cash distribution on the Partnership’s common units of $0.04 per common unit, as well as a cash distribution of $0.17875 per unit on the Partnership’s preferred units for the quarter ended September 30, 2021. The third quarter 2021 distributions for both the common and preferred units remain unchanged from those paid for the second quarter 2021. The distributions are payable on November 12, 2021, on all outstanding common and preferred units to unitholders of record as of the close of business on November 5, 2021.

Preferred units have higher fixed dividend yield and BKEP has more chance for unit price appreciation.
Dan Steffens
Energy Prospectus Group
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