Global Partners (NYSE: GLP) declares $0.7650 Q1 2026 cash distribution
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Global Partners LP declared a quarterly cash distribution of $0.7650 per common unit for the period from January 1, 2026 through March 31, 2026, equal to $3.06 per unit on an annualized basis.
The distribution will be paid on May 15, 2026 to unitholders of record as of the close of business on May 11, 2026. For non-U.S. investors, brokers are instructed to treat 100% of distributions as effectively connected income and also 100% as in excess of cumulative net income, making them subject to U.S. federal income tax withholding at the highest applicable effective tax rate plus 10%, with nominees serving as withholding agents.
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.
Key Figures
Quarterly distribution per unit: $0.7650 per common unit
Annualized distribution: $3.06 per common unit
Record date: May 11, 2026
+4 more
7 metrics
Quarterly distribution per unit
$0.7650 per common unit
For period January 1, 2026 through March 31, 2026
Annualized distribution
$3.06 per common unit
Annualized based on declared Q1 2026 distribution
Record date
May 11, 2026
Unitholders of record on this date receive Q1 2026 distribution
Payment date
May 15, 2026
Scheduled payment date for Q1 2026 cash distribution
ECI attribution for non-U.S. investors
100% of distributions
Treated as effectively connected with a U.S. trade or business
Excess over cumulative net income
100% of distributions
Used for determining withholding for non-U.S. investors
Additional withholding margin
10%
Distributions subject to highest effective tax rate plus 10% for non-U.S. investors
Key Terms
cash distribution, qualified notice, effectively connected, withholding agents, +1 more
5 terms
cash distribution financial
"declared a cash distribution of $0.7650 per unit"
A cash distribution is a direct payment of money from a company, fund, or investment vehicle to its shareholders or investors, similar to receiving a portion of the profits or proceeds like a periodic paycheck. It matters to investors because it provides tangible return on their ownership, affects the value left in the business, and can signal financial health or a change in strategy—like a homeowner taking money out of a property rather than reinvesting in it.
qualified notice regulatory
"providing qualified notice to brokers and nominees that hold Global Partners LP units"
A qualified notice is a formal communication that meets the specific wording, timing and delivery rules set out in a contract, corporate policy or law so it is legally effective. Think of it like a certified letter that ticks every checkbox required by an agreement. Investors care because only a qualified notice can trigger rights or changes — such as deadlines, payments, defaults or board actions — and thus can materially affect a company’s obligations and share value.
effectively connected regulatory
"treat one hundred percent (100%) of Global Partners LP’s distributions to non-U.S. investors as being attributable to income that is effectively connected"
Income or gains that are treated for U.S. tax purposes as arising from a taxpayer’s regular business activities in the United States; think of it as money that is 'tied to' active operations in the U.S. rather than passive holdings. Investors care because income deemed effectively connected often faces different tax rates, withholding rules and reporting requirements, which can change after-tax returns and the paperwork or withholding applied to payouts.
withholding agents regulatory
"Nominees, and not Global Partners LP, are treated as the withholding agents responsible for withholding"
A withholding agent is an entity (often an employer, broker, or payer) that is legally required to hold back and remit taxes or other required amounts from payments made to a recipient, such as wages, dividends, interest, or contractor fees. For investors, this matters because withheld amounts affect the cash they receive, determine tax reporting and potential refunds, and influence net returns in cross-border or taxable transactions — like a cashier keeping part of a payment to cover a bill.
forward-looking statements regulatory
"Certain statements and information in this press release may constitute “forward-looking statements.”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
What cash distribution did Global Partners (GLP) declare for Q1 2026?
Global Partners declared a quarterly cash distribution of $0.7650 per common unit for Q1 2026. This covers the period from January 1, 2026 through March 31, 2026 and equals $3.06 per unit on an annualized basis for common unitholders.
When will Global Partners (GLP) pay the Q1 2026 cash distribution?
The Q1 2026 cash distribution will be paid on May 15, 2026. Unitholders must be on record as of the close of business on May 11, 2026 to receive the payment, according to the company’s announcement.
Who is eligible to receive Global Partners’ Q1 2026 distribution?
Holders of Global Partners common units of record as of May 11, 2026 are eligible for the Q1 2026 distribution. Those unitholders will receive a cash payment of $0.7650 per unit on the scheduled payment date of May 15, 2026.
How are Global Partners (GLP) distributions treated for non-U.S. investors?
For non-U.S. investors, brokers must treat 100% of Global Partners’ distributions as income effectively connected with a U.S. trade or business and also 100% as exceeding cumulative net income, guiding the withholding treatment described.
What U.S. tax withholding applies to non-U.S. holders of GLP units?
Distributions to non-U.S. investors are subject to U.S. federal income tax withholding at the highest applicable effective tax rate plus 10%. Brokers and other nominees, not Global Partners itself, are treated as the withholding agents responsible for applying this rate.
Who acts as withholding agent for non-U.S. Global Partners investors?
Nominees and brokers holding Global Partners units for non-U.S. investors are treated as the withholding agents. They are responsible for applying U.S. federal income tax withholding at the required rate on distributions they receive on behalf of these investors.

