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Global Partners (NYSE: GLP) declares $0.7800 Q2 2026 cash payout

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Global Partners LP declared a quarterly cash distribution of $0.7800 per common unit for the period from April 1, 2026 through June 30, 2026, equivalent to $3.12 per unit on an annualized basis. The distribution will be paid on August 14, 2026 to unitholders of record as of the close of business on August 10, 2026.

For non-U.S. investors, brokers and nominees are instructed to treat 100% of distributions as income effectively connected with a United States trade or business and as exceeding cumulative net income. As a result, these distributions are subject to federal income tax withholding at a rate equal to the highest applicable effective tax rate plus 10%, with nominees acting as the withholding agents.

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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.
Quarterly cash distribution $0.7800 per unit For the period April 1–June 30, 2026 on all outstanding common units
Annualized distribution $3.12 per unit Annualized rate based on the declared $0.7800 quarterly distribution
Record date August 10, 2026 Unitholders of record on this date will receive the Q2 2026 distribution
Payment date August 14, 2026 Scheduled payment date for the Q2 2026 cash distribution
Distributions treated as ECI 100% Portion of distributions to non-U.S. investors treated as effectively connected income
Additional withholding margin 10% Federal withholding rate equals highest applicable effective tax rate plus 10%
Liquid energy terminals 54 Number of liquid energy terminals Global Partners operates or maintains dedicated storage at
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 with a United States trade or business regulatory
"treat 100% of distributions as being attributable to income that is effectively connected with a United States trade or business"
A tax status describing when income earned by a foreign person or entity is treated as tied to active business operations inside the United States. If income is 'effectively connected' to a U.S. trade or business, it is usually taxed like domestic business income rather than as passive foreign-sourced income; think of it as income earned by someone who has a real storefront or employees inside the U.S. rather than just selling from afar. Investors care because this classification changes tax rates, reporting requirements, and after-tax returns on U.S.-linked activities.
cumulative net income financial
"treat one hundred percent (100%) of the distributions as being in excess of cumulative net income"
Cumulative net income is the running total of a company's net profit or loss summed over multiple reporting periods, often from a specific start date or since the company's founding. Net income itself is what remains after subtracting all expenses, interest, and taxes from revenue. For investors, cumulative net income shows the long-term accumulation of profitability or losses — like reading the balance of a checking account that reflects all past deposits and withdrawals rather than a single month’s activity.
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.
master limited partnership financial
"Global Partners, a master limited partnership, trades on the New York Stock Exchange"
A master limited partnership is a type of business structure that combines features of a corporation and a partnership, allowing it to raise money from investors while passing profits directly to them. Think of it as a shared ownership group that offers regular income, making it attractive to investors seeking steady cash flow. This structure is often used by companies involved in natural resources or energy, where consistent revenue is common.

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FAQ

What cash distribution did Global Partners (GLP) declare for the second quarter of 2026?

Global Partners declared a $0.7800 cash distribution per common unit for April 1–June 30, 2026. This equals $3.12 per unit on an annualized basis and applies to all outstanding common units.

When will Global Partners (GLP) pay the Q2 2026 cash distribution and what is the record date?

The Q2 2026 cash distribution will be paid on August 14, 2026 to unitholders of record. The record date is the close of business on August 10, 2026, determining which unitholders receive the payment.

How are Global Partners (GLP) distributions treated for non-U.S. investors?

Brokers and nominees should treat 100% of Global Partners’ distributions to non-U.S. investors as effectively connected income. They should also treat 100% as exceeding cumulative net income, affecting how much federal income tax must be withheld.

What federal withholding rate applies to Global Partners (GLP) distributions to non-U.S. investors?

Distributions to non-U.S. investors are subject to federal withholding at the highest applicable effective tax rate plus 10%. This rate is applied by nominees acting as withholding agents on behalf of non-U.S. unitholders.

Who is responsible for withholding tax on Global Partners (GLP) distributions to non-U.S. investors?

Nominees, not Global Partners LP, are treated as the withholding agents for non-U.S. investors. They must withhold federal income tax on distributions they receive and pass through on behalf of these investors under applicable Treasury Regulations.

What type of business is Global Partners (GLP) and where does it operate?

Global Partners is a Fortune 500 master limited partnership focused on liquid energy terminals, fueling locations, and retail. It operates or maintains dedicated storage at 54 liquid energy terminals from Maine to Florida and into the U.S. Gulf States.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): July 29, 2026

 

GLOBAL PARTNERS LP

(Exact name of registrant as specified in its charter)

 

Delaware 001-32593 74-3140887

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

 

275 Grove Street

Suite 3-400

Newton, Massachusetts 02466

(Address of Principal Executive Offices)

 

(781) 894-8800

(Registrant’s telephone number, including area code)

 

P.O. Box 9161, 800 South Street, Waltham, Massachusetts 02454-9161

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Units representing limited partner interests   GLP   New York Stock Exchange
         
9.50% Series B Fixed Rate Cumulative Redeemable Perpetual Preferred Units representing limited partner interests   GLP pr B   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

  

 

 

Item 7.01.Regulation FD Disclosure

 

On July 29, 2026, Global Partners LP (the “Partnership”) issued a press release announcing that the Board of Directors of its general partner, Global GP LLC, declared a quarterly cash distribution of $0.7800 per unit ($3.12 per unit on an annualized basis) on all of its outstanding common units for the period from April 1, 2026 through June 30, 2026. The distribution will be paid on August 14, 2026 to unitholders of record as of the close of business on August 10, 2026. A copy of the Partnership’s press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01 and in Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, unless the Partnership specifically states that the information is to be considered “filed” under the Exchange Act or incorporates it by reference into a filing under the Exchange Act or the Securities Act of 1933, as amended.

 

Item 9.01.Financial Statements and Exhibits

 

(d)   Exhibits
99.1   Global Partners LP Press Release dated July 29, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

3 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

  GLOBAL PARTNERS LP
     
  By: Global GP LLC
    its general partner
     
Dated: July 29, 2026 By: /s/ Kristin K. Seabrook
    Kristin K. Seabrook
    Chief Legal Officer and Secretary

  

  4 

 

 

Exhibit 99.1 

 

 

GLOBAL PARTNERS LP

275 Grove Street
Suite 3-400
Newton, MA 02466

www.globalp.com

 

FOR IMMEDIATE RELEASE

 

Contacts:  
Gregory B. Hanson Kristin K. Seabrook
Chief Financial Officer Chief Legal Officer and Secretary
Global Partners LP Global Partners LP
(781) 894-8800 (781) 894-8800

 

Global Partners Declares Second-Quarter 2026 Cash Distribution of $0.7800 on Common Units
 

Newton, Mass., July 29, 2026 – Global Partners LP (NYSE: GLP) (“Global Partners” or the “Partnership”) today announced that the Board of Directors of its general partner, Global GP LLC, has declared a cash distribution of $0.7800 per unit ($3.12 per unit on an annualized basis) on all of its outstanding common units for the period from April 1, 2026 through June 30, 2026. The distribution will be paid on August 14, 2026 to unitholders of record as of the close of business on August 10, 2026.

 

Non-U.S. Withholding Information

 

Concurrent with this announcement we are providing qualified notice to brokers and nominees that hold Global Partners LP units on behalf of non-U.S. investors under Treasury Regulation Section 1.1446-4(b) and (d) and Treasury Regulation Section 1.1446(f)-4(c)(2)(iii). Brokers and nominees should 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 with a United States trade or business. In addition, brokers and nominees should treat one hundred percent (100%) of the distributions as being in excess of cumulative net income for purposes of determining the amount to withhold. Accordingly, Global Partners LP’s distributions to non-U.S. investors are subject to federal income tax withholding at a rate equal to the highest applicable effective tax rate plus ten percent (10%). Nominees, and not Global Partners LP, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of non-U.S. investors.

 

About Global Partners LP

 

Building on a legacy that began more than 90 years ago, Global Partners has evolved into a Fortune 500 company and industry-leading integrated owner, supplier, and operator of liquid energy terminals, fueling locations, and guest-focused retail experiences. Global Partners operates or maintains dedicated storage at 54 liquid energy terminals—with connectivity to strategic rail, pipeline, and marine assets—spanning from Maine to Florida and into the U.S. Gulf States. Through this extensive network, the company distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers. In addition, Global Partners has a large portfolio of owned, leased and/or supplied retail locations across the Northeast states, the Mid-Atlantic, and Texas, providing the fuels people need to keep them on the go at their unique guest-focused convenience destinations. Recognized as one of Fortune’s Most Admired Companies, Global Partners is embracing progress and diversifying to meet the needs of the energy transition.

 

 

 

 

Global Partners, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol “GLP.” For additional information, visit www.globalp.com.

 

Forward-looking Statements

 

Certain statements and information in this press release may constitute “forward-looking statements.” The words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “should,” “would,” “could” or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on Global Partners’ current expectations and beliefs concerning future developments and their potential effect on the Partnership. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Partnership will be those that it anticipates. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Partnership’s control) including, without limitation, uncertainty around the timing of an economic recovery in the United States which will impact the demand for the products we sell and the services that we provide, and assumptions that could cause actual results to differ materially from the Partnership’s historical experience and present expectations or projections. We believe these assumptions are reasonable given currently available information. Our assumptions and future performance are subject to a wide range of business risks, uncertainties and factors, which are described in our filings with the Securities and Exchange Commission (SEC).

 

For additional information regarding known material factors that could cause actual results to differ from the Partnership’s projected results, please see Global Partners’ filings with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

 

Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Global Partners undertakes no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.

 

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Filing Exhibits & Attachments

5 documents