Global Partners (GLP) sets $0.59375 Series B preferred distribution
Global Partners LP (GLP) announced a quarterly cash distribution of $0.59375 per unit on its 9.50% fixed-rate Series B preferred units.
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Rhea-AI Filing Summary
Global Partners LP (GLP) announced a quarterly cash distribution of $0.59375 per unit on its 9.50% fixed-rate Series B preferred units. The distribution covers the period from August 15, 2025 through November 14, 2025 and is payable on November 17, 2025 to Series B preferred unitholders of record as of the opening of business on November 3, 2025. On an annualized basis, this equates to $2.375 per unit.
8-K Event Classification
FAQ
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What did Global Partners (GLP) announce in this 8-K?
What is the annualized rate of GLP’s Series B preferred distribution?
What period does the declared distribution cover for GLP Series B?
When is the record date for GLP’s Series B preferred distribution?
When will GLP pay the Series B preferred distribution?
Which GLP security is affected by this distribution?
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