Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers in the New England states, Mid-Atlantic region, and New York. The company is also involved in the transportation of petroleum products and renewable fuels through rail from the mid-continent region of the United States and Canada. Its Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, residual oil, and propane to home heating oil retailers and wholesale distributors. It also aggregates crude oil through truck or pipeline in the mid-continent region of the United States and Canada, as well as transports it through rail and ships it through barge to refiners. The company's Gasoline Distribution and Station Operations segment sells branded and unbranded gasoline to gasoline station operators and sub-jobbers; operates gasoline stations and convenience stores; and provides car wash, lottery, and ATM services, as well as leases gasoline stations. Its Commercial segment sells and delivers unbranded gasoline, home heating oil, diesel, kerosene, residual oil, and bunker fuel to customers in the public sector, as well as to commercial and industrial end-users; and sells custom blended fuels. As of December 31, 2021, the company had a portfolio of 1,595 owned, leased, and supplied gasoline stations, which included 295 directly operated convenience stores; and owned, leased, or maintained storage facilities at 26 bulk terminals with a collective storage capacity of 11.9 million barrels. Global GP LLC serves as the general partner of the company. The company was incorporated in 2005 and is based in Waltham, Massachusetts.
Global Partners Dividend Announcement
• Global Partners announced a quarterly dividend of $0.73 per ordinary share which will be made payable on 2024-11-14. Ex dividend date: 2024-11-08
• Global Partners annual dividend for 2024 was $2.86
• Global Partners annual dividend for 2023 was $3.59
• Global Partners's trailing twelve-month (TTM) dividend yield is 7.29%
• Global Partners's payout ratio for the trailing twelve months (TTM) is 116.58%
• Global Partners's dividend growth over the last five years (2018-2023) was 13.85% year
• Global Partners's dividend growth over the last ten years (2013-2023) was 4.36% year
Global Partners Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-08 | $0.73 | quarterly | 2024-11-14 |
| 2024-08-08 | $0.72 | quarterly | 2024-08-14 |
| 2024-05-08 | $0.71 | quarterly | 2024-05-15 |
| 2024-02-07 | $0.70 | quarterly | 2024-02-14 |
| 2023-11-07 | $0.69 | quarterly | 2023-11-14 |
| 2023-08-07 | $0.68 | quarterly | 2023-08-14 |
| 2023-05-08 | $0.66 | quarterly | 2023-05-15 |
| 2023-02-07 | $1.57 | quarterly | 2023-02-14 |
| 2022-11-07 | $0.62 | quarterly | 2022-11-14 |
| 2022-08-05 | $0.60 | quarterly | 2022-08-12 |
| 2022-05-06 | $0.59 | quarterly | 2022-05-13 |
| 2022-02-07 | $0.58 | quarterly | 2022-02-14 |
| 2021-11-05 | $0.57 | quarterly | 2021-11-12 |
| 2021-08-06 | $0.57 | quarterly | 2021-08-13 |
| 2021-05-07 | $0.57 | quarterly | 2021-05-14 |
| 2021-02-05 | $0.61 | quarterly | 2021-02-16 |
| 2020-11-06 | $0.50 | quarterly | 2020-11-13 |
| 2020-08-07 | $0.46 | quarterly | 2020-08-14 |
| 2020-05-08 | $0.39 | quarterly | 2020-05-15 |
| 2020-02-07 | $0.53 | quarterly | 2020-02-14 |
| 2019-11-07 | $0.52 | quarterly | 2019-11-14 |
| 2019-08-08 | $0.52 | quarterly | 2019-08-14 |
| 2019-05-09 | $0.51 | quarterly | 2019-05-15 |
| 2019-02-07 | $0.50 | quarterly | 2019-02-14 |
| 2018-11-08 | $0.47 | quarterly | 2018-11-14 |
| 2018-08-08 | $0.47 | quarterly | 2018-08-14 |
| 2018-05-09 | $0.46 | quarterly | 2018-05-15 |
| 2018-02-08 | $0.46 | quarterly | 2018-02-14 |
| 2017-11-08 | $0.46 | quarterly | 2017-11-14 |
| 2017-08-07 | $0.46 | quarterly | 2017-08-14 |
| 2017-05-08 | $0.46 | quarterly | 2017-05-15 |
| 2017-02-07 | $0.46 | quarterly | 2017-02-14 |
| 2016-11-04 | $0.46 | quarterly | 2016-11-14 |
| 2016-08-04 | $0.46 | quarterly | 2016-08-12 |
| 2016-05-04 | $0.46 | quarterly | 2016-05-16 |
| 2016-02-08 | $0.46 | quarterly | 2016-02-16 |
| 2015-11-02 | $0.70 | quarterly | 2015-11-13 |
| 2015-08-03 | $0.69 | quarterly | 2015-08-14 |
| 2015-05-04 | $0.68 | quarterly | 2015-05-15 |
| 2015-02-02 | $0.67 | quarterly | 2015-02-13 |
| 2014-11-03 | $0.65 | quarterly | 2014-11-14 |
| 2014-08-01 | $0.64 | quarterly | 2014-08-14 |
| 2014-05-02 | $0.62 | quarterly | 2014-05-15 |
| 2014-02-03 | $0.61 | quarterly | 2014-02-14 |
| 2013-11-01 | $0.60 | quarterly | 2013-11-14 |
| 2013-08-01 | $0.59 | quarterly | 2013-08-14 |
| 2013-05-02 | $0.58 | quarterly | 2013-05-15 |
| 2013-02-01 | $0.57 | quarterly | 2013-02-14 |
Global Partners Dividend per year
Global Partners Dividend growth
Global Partners Dividend Yield
Global Partners current trailing twelve-month (TTM) dividend yield is 7.29%. Interested in purchasing Global Partners stock? Use our calculator to estimate your expected dividend yield:
Global Partners Financial Ratios
P/E ratio12.80
PEG ratio-0.60
P/B ratio2.30
ROE17.42%
Payout ratio116.58%
Current ratio1.14
Quick ratio0.64
Cash Ratio0.02
Global Partners Dividend FAQ
How much is the next Global Partners dividend?
Global Partners's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Global Partners dividend. The next Global Partners dividend will be released in February, May, August, or November.
When is Global Partners dividend paid?
Global Partners pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Global Partners pay?
The specific amount of Global Partners dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Global Partners's dividend history.
Does Global Partners stock pay dividends?
Yes, Global Partners does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Global Partners's dividend history.
How much dividend does Global Partners pay?
Global Partners paid $2.86 in 2024, $3.587 in 2023, $2.41 in 2022, $2.334 in 2021, and $1.878 in 2020.
How often does Global Partners pay dividends?
Global Partners typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Global Partners's dividend yield?
The current dividend yield for Global Partners is 7.29%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Global Partners's exact dividend yield.
When does Global Partners go ex dividend?
Global Partners's ex-dividend date for the latest dividend was on 2024-11-08. Global Partners typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Global Partners dividend paid?
Global Partners pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Global Partners increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Global Partners will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Global Partners dividend per share?
Global Partners paid $2.86 per share in 2024 and $3.587 per share in 2023. The amount of dividend per share that Global Partners pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Global Partners a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Global Partners a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Global Partners a dividend stock?
Yes, Global Partners is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Global Partners a good dividend stock?
Whether Global Partners is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Global Partners has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Global Partners as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Global Partners as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Global Partners pay dividends monthly?
Global Partners typically pays dividends on a quarterly basis.
Does Global Partners pay dividends quarterly?
Global Partners currently pays dividends on a quarterly basis.
Has Global Partners ever paid a dividend?
Yes, Global Partners has a history of paying dividends to its shareholders. Global Partners is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Global Partners dividend stocks?
To buy Global Partners you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Global Partners stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Global Partners stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Global Partners pay dividends 2024?
Global Partners pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-14. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Global Partners increase its dividend in 2024?
Decisions regarding Global Partners dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Global Partners dividend overview you can look into the above table of dividend history.
How Global Partners dividend works?
The Global Partners dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Global Partners's dividend process works:
1. Determination of Dividend: Global Partners's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Global Partners publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Global Partners distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Global Partners are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Global Partners's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Global Partners publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Global Partners distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Global Partners are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Global Partners dividends paid?
Global Partners dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Global Partners sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Global Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Global Partners declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Global Partners sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Global Partners distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Global Partners declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Global Partners pay dividends?
Global Partners typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Global Partners pay dividends?
The general pattern is that Global Partners pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Global Partners dividend safe?
The safety of Global Partners's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Global Partners's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Global Partners's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Global Partners's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Global Partners's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.