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Global Partners Declares Quarterly Cash Distribution
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Global Partners Declares Quarterly Cash Distribution

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Invest with Confidence:

The latest update is out from Global Partners ( (GLP) ).

On January 13, 2025, Global Partners LP announced a quarterly cash distribution of $0.59375 per unit on its Series B preferred units for the period from November 15, 2024, through February 14, 2025. This distribution, to be paid on February 18, 2025, reflects the company’s financial commitments to its stakeholders and indicates its stable market positioning amid the ongoing energy transition.

More about Global Partners

Global Partners LP is a Fortune 500 company recognized as an industry-leading integrated owner, supplier, and operator of liquid energy terminals, fueling locations, and guest-focused retail experiences. The company operates or maintains dedicated storage at 54 liquid energy terminals spanning from Maine to Florida and into the U.S. Gulf States and distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers. Additionally, Global Partners owns, operates, and/or supplies over 1,700 retail locations across the Northeast states, the Mid-Atlantic, and Texas.

YTD Price Performance: -0.34%

Average Trading Volume: 76,318

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.59B

For a thorough assessment of GLP stock, go to TipRanks’ Stock Analysis page.

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