Global Partners LP Declares Cash Distribution of $0.7300 per Unit

By Bobby Samwell • Wednesday, October 23 10:31 • Permanent Link

Global Partners LP (NYSE: GLP) has declared a cash distribution of $0.7300 per unit ($2.92 per unit on an annualized basis) on all of its outstanding common units from July 1, 2024, through September 30, 2024. The distribution will be paid on November 14, 2024, to unitholders of record as of the close of business on November 8, 2024.

Global Partners LP 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. The company distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers. Additionally, it owns, operates, and/or supplies more than 1,700 retail locations across the Northeast states, the Mid-Atlantic, and Texas.

In the third quarter of 2024, Global Partners LP achieved a cash distribution of $0.7300 per unit, marking a significant milestone for the company and its investors. This distribution represents a continued return to unitholders, with a consistent and healthy payout.

For additional information, visit www.globalp.com. The market has reacted to these announcements by moving the company's shares 0.2% to a price of $46.06. For the full picture, make sure to review Global's 8-K report.

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