Blueknight Declares Quarterly Distributions

OKLAHOMA CITY--(BUSINESS WIRE)--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 second quarter distributions for both the preferred and common units remain unchanged from those paid for the first quarter of 2019. The distributions are payable on August 14, 2019, on all outstanding common and preferred units to unitholders of record as of the close of business on August 2, 2019.