BlueKnight Energy Partners (BKEP) Declares $0.04 Quarterly Dividend; 16% Yield

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Blueknight Declares Quarterly Distributions

April 16, 2020 5:05 PM EDT

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 Partnerships common units of $0.04 per common unit, as well as a cash distribution of $0.17875 per unit on the Partnerships preferred units for the quarter ended March 31, 2020. The first quarter 2020 distributions for both the preferred and common units remain unchanged from those paid for the fourth quarter of 2019. The distributions are payable on May 14, 2020, on all outstanding common and preferred units to... More