|Bid||1.1000 x 800|
|Ask||1.2100 x 800|
|Day's Range||1.1000 - 1.1300|
|52 Week Range||1.0000 - 3.9000|
|Beta (3Y Monthly)||2.98|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 30, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||0.32 (13.33%)|
|1y Target Est||2.00|
Blueknight Energy Partners, L.P. , plans to release first quarter 2019 financial results after market close on Wednesday, May 8, 2019.
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 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. “The reduction of the common unit distribution to $0.04 per common unit is a key step in our efforts to strengthen our balance sheet,” stated Mark Hurley, CEO of the Partnership. “Our previous earnings guidance, as well as our year-end targets of distribution coverage greater than 1.0x and a leverage ratio between 4.0x and 4.5x, remain unchanged.” The distributions are payable on May 14, 2019, on all outstanding common and preferred units to unitholders of record as of the close of business on May 3, 2019.
Considering that the Federal Reserve is still tapping the brakes on raising key interest rates, yield-hungry investors will continue to pour into dividend stocks. And that's a big reason I expect the market leaders in 2019 to be dividend growth stocks.Overall, the dividend yield on the S&P 500 hangs around 2%. Remember, most dividends are tax-advantaged and taxed at a maximum federal rate of 23.8%. So, the S&P 500 actually yields more than the 10-year Treasury bond, which yields 2.5% but is taxed at a maximum federal rate of 40.8%.However, not all dividend stocks are created equal. But before I explain why, let's take a step back and talk about what exactly a dividend is.InvestorPlace - Stock Market News, Stock Advice & Trading TipsA dividend is the distribution from a company's earnings paid directly to a class of its shareholders. It is up to the company as to when (or even if) it is paid. The dividends tend to be paid out on a quarterly basis, but some companies will also pay a semi-annual or annual dividend. Company management will always announce when it will be paid - including your deadline to buy the stock in order to receive this payout - and what the dividend will be per share.Now, the dividend yield varies depending on the company's actual dividend and where the stock price is at the time. In some cases, you may be looking at a double-digit dividend yield. But as attractive as a double-digit dividend yield may sound, I recommend you pump the brakes before investing. Chasing dividend yields alone can be downright dangerous. * 10 Medical Marijuana Stocks to Cure Your Portfolio Stocks are not like Treasury bonds or a savings account: There's no guarantee that you will get your money back. There's also no guarantee that company will continue paying a dividend. If you choose poorly, you could lose your capital as the stock price falls. Or, that nice juicy dividend could be slashed.In most cases, dividend yields are tantalizingly high for a reason (the stocks are cheap and rightly so) - and are simply not supported by the fundamental earnings power of the business.This is why my Dividend Grader is so important. Just like my Portfolio Grader, it uses my proprietary formula to put each stock through a rigorous test, crunching reams of data against a set of criteria I've created.This, in turn, tells us whether the stock is worth investing in or if we should be staying far, far away. Here are a few examples:Company Symbol Dividend Yield Total Grade Sanchez Midstream Partners LP NYSEAMERICAN:SNMP 55.9% F CBL & Associates Properties, Inc. NYSE:CBL 43.6% F BlueKnight Energy Partners LP LLC NASDAQ:BKEP 37.4% F Dynagas LNG Partners LP NYSE:DLNG 36.1% F Summit Midstream Partners LP NYSE:SMLP 23.6% F Medley Management, Inc. Class A NYSE:MDLY 23.3% F Uniti Group Inc NASDAQ:UNIT 21.5% F Arlington Asset Investment Corp. Class A NYSE:AI 21% F Owens & Minor, Inc. NYSE:OMI 20.9% F Office Properties Income Trust NASDAQ:OPI 20.7% f As you can see, each company has a huge double-digit dividend yield, but it also receives an "F" rating from Dividend Grader. This is because their dividend trend, dividend reliability, forward dividend growth and earnings are very, very poor.Now, I don't want to scare you away from dividends - far from it. I just want you to be aware of the potential risks. Investing in dividend stocks can also be very lucrative. If you get it right, you can make a fortune. Fundamentally strong dividend stocks pack a one-two punch of share price appreciation and a steady stream of income…with payouts that can be twice or five times what you get from a Treasury bond or from a bank.In fact, my Growth Investor advisor service features the creme de la creme of dividend growth stocks. A stock only makes it to our Elite Dividend Payers Buy List if it receives a "AA" rating, which means it must have an "A" rating in both Dividend Grader and Portfolio Grader.I've nicknamed these AA-rated stocks "Money Magnets" because I'm not the only one who finds them to be great investments - they're set to enjoy a flood of "smart money" from the big Wall Street institutions as well. Check out my full briefing on this phenomenon here.In fact, I just recommended a brand-new AA-rated stock in my latest Growth Investor Monthly Issue. It has a solid dividend yield, great long-term potential and is still trading below my recommended buy limit. You won't want to miss out on this exciting opportunity, so make sure to sign up here so I can reveal its name.It's no simple task to identify the best dividend stocks on the market, which is why Dividend Grader is such a handy tool to keep in your back pocket.The bottom line: Don't just jump into any dividend stock with a high yield. But if you stick with Dividend Grader, my proprietary formula will help you find the best of them and stay away from the worst.Now that you have an idea which dividend stocks to avoid - because they don't have the strength to sustain the payout - you won't want to miss my Money Magnets.Not only are these great businesses, but they're ones that big money on Wall Street has also noticed…leading to the most important sign of a stock's success: strong buying pressure.Most importantly, they have a long history of great dividend payments to investors like you - and the ability to keep that party going in the future.I mention it because this year, we're going to see the buying frenzy dry up for a lot of stocks…stocks that don't come anywhere near meeting this strict criteria.So I want every investor to know how to survive - and thrive - by viewing this briefing right away.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * 7 A-Rated Healthcare Stocks for Industry Expansion * 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever Compare Brokers The post 10 Dangerous Dividend Stocks to Avoid appeared first on InvestorPlace.
Blueknight Energy Partners, L.P. today announced its financial results for the three and twelve months ended December 31, 2018.
Blueknight Energy Partners, L.P. , plans to release fourth quarter and full year 2018 financial results after market close on Monday, March 11, 2019.
Blueknight Energy Partners, L.P. , plans to release third quarter 2018 financial results after market close on Wednesday, October 31, 2018.
NEW YORK, NY / ACCESSWIRE / August 2, 2018 / Blueknight Energy Partners, L.P. (NASDAQ: BKEP ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 2, 2018 at 11:30 AM ...
Blueknight Energy Partners, L.P. plans to release second quarter 2018 financial results after market close on Wednesday, August 1, 2018.
Blueknight Energy Partners, L.P. (“BKEP” or the “Partnership”) (BKEP) (BKEPP) announced today that it has entered into an Asset Purchase Agreement (“Purchase Agreement”) with Ergon Asphalt & Emulsions, Inc. (“Ergon A&E”) to sell three asphalt terminals located in Lubbock and Saginaw, Texas and Memphis, Tennessee to Ergon A&E for a purchase price of $90.0 million in cash (the “Asset Sale”). Net proceeds from the Asset Sale will be used to reduce outstanding indebtedness under BKEP’s credit facility.
Alliance Resource Partners (ARLP), an MLP involved in coal mining and production, was the top MLP loss in the week ending June 22. Alliance Resource Partners fell 8.5%. The recent weakness could be attributed to a strong increase in the natural gas demand from US utilities, which could impact the overall coal demand. Alliance Resources Partners has lost 7.4% since the beginning of this year.
CNX Midstream Partners (CNXM), a midstream MLP mainly involved in natural gas gathering, natural gas compression, and water-related midstream services, was the top MLP gainer in the week ending June 15. CNX Midstream Partners rose 7.7% amid overall weakness in the midstream energy sector.