Blueknight Energy Partners Series A Preferred Units Shares Cross 7% Yield Mark

In trading on Monday, shares of Blueknight Energy Partners L P's Series A Preferred Units (NASD: BKEPP) were yielding above the 7% mark based on its quarterly dividend (annualized to $0.715), with shares changing hands as low as $9.68 on the day. This compares to an average yield of 6.69% in the "Energy" preferred stock category, according to Preferred Stock Channel.  Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company doe...