A quarterly cash dividend was declared this week by Blueknight Energy Partners, L.P.
The Tulsa company announced its board of directors of the general partner declare a distribution of $0.0425 per common unit and a cash distribution of $0.17875 per preferred unit for the quarter that ended March 31, 2022.
In both cases, the distributions for the first quarter of 2022 are the same as those announced for the fourth quarter of 2021. The latest distributions will also be payable on May 13 of this year.
Blueknight is also preparing to release its first quarter 2022 financial results after the market closes on May 4 of this year.