DividendApr 13, 2026, 08:46 AM
Global Partners LP Declares $0.59375/Unit Series B Preferred Distribution
AI Summary
Global Partners LP announced that its general partner's Board of Directors declared a quarterly cash distribution for its 9.50% fixed-rate Series B preferred units. The distribution amounts to $0.59375 per unit, which is $2.375 per unit on an annualized basis. This distribution covers the period from February 15, 2026, through May 14, 2026, and will be paid to unitholders of record as of May 1, 2026, on May 15, 2026.
Key Highlights
- Declared quarterly cash distribution of $0.59375 per Series B preferred unit.
- Annualized distribution is $2.375 per Series B preferred unit.
- Distribution for 9.50% fixed-rate Series B preferred units.
- Record date for unitholders is May 1, 2026.
- Payment date for the distribution is May 15, 2026.
Price Impact
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