Blueknight Declares Quarterly Distributions

TULSA, Okla.--(BUSINESS WIRE)--Blueknight Energy Partners, L.P. (“Blueknight” or the “Partnership”) (Nasdaq: BKEP and BKEPP), 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 for the quarter ended June 30, 2020. The second quarter 2020 distributions for both the preferred and common units remain unchanged from those paid for the first quarter of 2020. The distributions are payable on August 14, 2020, on all outstanding common and preferred units to unitholders of record as of the close of business on August 4, 2020.