Blueknight Energy declares distribution

Oklahoma City’s Blueknight Energy Partners, L.P. announced its board of directors declared a quarterly cash distribution of 4 cents a share on the Partnership’s common units.

It also declared a cash distribution of $0.17875 per unit on the Partnership’s preferred units. The second quarter distributions for both kinds of units remain unchanged from those paid for the first quarter of 2019.

Distributions will be payable on Aug. 14, 2019 to unitholders of record as of the close of business on Aug. 2, 2019.