Blueknight Energy Partners declares quarterly distribution


Quarterly cash distributions have been announced by Tulsa-based Blueknight Energy Partners, L.P.

The company’s board of directors declared a cash distribution on the partnership’s common units of 4 cents per unit as well as a cash distribution of $0.17875 per unit on the preferred units. The distributions are for the quarter that 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.

Source: BusinessWire