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Global Partners Announces Quarterly Cash Distribution

Story Highlights
  • Global Partners announced a quarterly cash distribution for Series B preferred units.
  • The distribution will be paid on May 15, 2025, to unitholders of record as of May 1, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Global Partners Announces Quarterly Cash Distribution

Global Partners ( (GLP) ) has provided an announcement.

On April 14, 2025, Global Partners LP announced a quarterly cash distribution of $0.59375 per unit for its 9.50% fixed-rate Series B preferred units, covering the period from February 15, 2025, to May 14, 2025. This distribution will be paid on May 15, 2025, to unitholders of record as of May 1, 2025. This announcement highlights the company’s commitment to returning value to its investors, while also providing important tax withholding information for non-U.S. investors, indicating the company’s proactive approach to compliance and investor relations.

Spark’s Take on GLP Stock

According to Spark, TipRanks’ AI Analyst, GLP is a Neutral.

Global Partners LP’s overall stock score reflects a balanced view of its financial performance, technical analysis, valuation, and earnings call outcomes. The company’s strengths in strategic expansion and strong dividend yield are offset by challenges in profitability, cash flow management, and a moderate overvaluation. Continued focus on improving cash flow and managing financial leverage will be crucial for enhancing its market position.

To see Spark’s full report on GLP stock, click here.

More about Global Partners

Global Partners LP is a Fortune 500 company and 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 across the U.S., distributing gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers. Additionally, Global Partners owns, operates, and/or supplies approximately 1,700 retail locations across the Northeast, Mid-Atlantic, and Texas.

YTD Price Performance: 4.90%

Average Trading Volume: 89,649

Technical Sentiment Signal: Sell

Current Market Cap: $1.64B

For an in-depth examination of GLP stock, go to TipRanks’ Stock Analysis page.

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