DividendApr 30, 2026, 08:48 AM
GLP Declares Q1 2026 Cash Distribution of $0.7650/Unit
AI Summary
Global Partners LP announced that its general partner's Board of Directors declared a quarterly cash distribution of $0.7650 per common unit for the first quarter of 2026, equivalent to $3.06 per unit on an annualized basis. The distribution will be paid on May 15, 2026, to unitholders of record as of May 11, 2026. The company also provided notice regarding non-U.S. withholding, stating that 100% of distributions to non-U.S. investors are subject to federal income tax withholding.
Key Highlights
- Declared a quarterly cash distribution of $0.7650 per common unit.
- The annualized distribution rate is $3.06 per unit.
- The distribution covers the period from January 1, 2026, through March 31, 2026.
- Payment date for the distribution is May 15, 2026.
- Record date for unitholders is May 11, 2026.
- 100% of distributions to non-U.S. investors are subject to federal income tax withholding.
Price Impact
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