Global Partners Declares Series B Preferred Quarterly Distribution

Global Partners ( (GLP) ) has issued an update.

On January 12, 2026, Global Partners LP announced that the board of its general partner declared a quarterly cash distribution of $0.59375 per unit ($2.375 on an annualized basis) on its 9.50% fixed-rate Series B preferred units for the period from November 15, 2025 through February 14, 2026, to be paid on February 17, 2026 to Series B preferred unitholders of record as of the opening of business on February 2, 2026. Concurrently, the partnership issued a qualified notice to brokers and nominees for non-U.S. investors stating that 100% of its distributions to non-U.S. unitholders should be treated as effectively connected income and as in excess of cumulative net income, making those distributions subject to U.S. federal income tax withholding at a rate equal to the highest applicable effective tax rate plus 10%, with brokers and nominees, rather than the partnership, responsible for the withholding obligations.

The most recent analyst rating on (GLP) stock is a Hold with a $44.00 price target. To see the full list of analyst forecasts on Global Partners stock, see the GLP Stock Forecast page.

Spark’s Take on GLP Stock

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

Global Partners’ overall stock score is driven by financial challenges, particularly in cash flow and leverage, despite some strengths in valuation and technical analysis. The earnings call highlighted mixed results, with strategic expansions offset by declines in key financial metrics. The company’s commitment to dividends is a positive factor, but operational efficiency and debt management remain critical areas for improvement.

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

More about Global Partners

Global Partners LP is a Fortune 500 master limited partnership and integrated owner, supplier and operator of liquid energy terminals, fueling locations and guest-focused retail sites. The company operates or maintains dedicated storage at 54 liquid energy terminals connected to rail, pipeline and marine assets from Maine to Florida and into the U.S. Gulf States, distributing gasoline, distillates, residual oil and renewable fuels to wholesalers, retailers and commercial customers. It also owns, operates and/or supplies roughly 1,700 retail locations across the Northeast, Mid-Atlantic and Texas, and is positioning its network to support the energy transition.

Average Trading Volume: 51,606

Technical Sentiment Signal: Hold

Current Market Cap: $1.42B

Find detailed analytics on GLP stock on TipRanks’ Stock Analysis page.