GLP sets $0.755 per unit payout; annualized $3.02 distribution rate
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Global Partners LP announced a quarterly cash distribution of $0.7550 per common unit (equivalent to $3.02 per unit on an annualized basis) for the period from July 1, 2025 through September 30, 2025.
The distribution is payable on November 14, 2025 to unitholders of record as of the close of business on November 10, 2025. The declaration was made by the Board of Directors of its general partner, Global GP LLC, and was communicated via press release attached as Exhibit 99.1.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What distribution did GLP declare for the quarter?
Global Partners LP declared a quarterly cash distribution of $0.7550 per common unit.
What is GLP's annualized distribution rate based on this quarter?
The declaration corresponds to $3.02 per unit on an annualized basis.
What period does GLP's distribution cover?
The distribution covers July 1, 2025 through September 30, 2025.
When is the record date for GLP's distribution?
Unitholders of record as of November 10, 2025 will receive the distribution.
When will GLP pay the declared distribution?
The distribution will be paid on November 14, 2025.
Which GLP securities are referenced in the filing?
The filing references Common Units (GLP) and 9.50% Series B Preferred Units (GLP pr B) listed on the NYSE.