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Global Partners LP Stock Dividends Overview

GLP pays dividends quarterly. Last paid amount was $0.700 at Feb 14, 2024. As of today, dividend yield (TTM) is 7.78%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 7.78%
Frequency Quarterly
1Y Growth 6.87%
Payout Ratio 0
Amount Per Share $0.700
Global Partners LP has not yet announced its next dividend date. Last payment date was: Feb 14, 2024.

GLP Dividend Payout History

To ensure a understanding of GLP's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 24, 2024 Feb 07, 2024 Feb 14, 2024 $0.700 1.49%
2 Oct 24, 2023 Nov 07, 2023 Nov 14, 2023 $0.690 2.08%
3 Jul 25, 2023 Aug 07, 2023 Aug 14, 2023 $0.675 2.09%
4 Apr 25, 2023 May 08, 2023 May 15, 2023 $0.655 2.11%
5 Jan 25, 2023 Feb 07, 2023 Feb 14, 2023 $1.57 4.22%
6 Oct 25, 2022 Nov 07, 2022 Nov 14, 2022 $0.625 2.01%
7 Jul 26, 2022 Aug 05, 2022 Aug 12, 2022 $0.605 2.14%
8 Apr 27, 2022 May 06, 2022 May 13, 2022 $0.595 2.29%
9 Jan 25, 2022 Feb 07, 2022 Feb 14, 2022 $0.585 2.17%
10 Oct 25, 2021 Nov 05, 2021 Nov 12, 2021 $0.575 2.52%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (58.83%)

Growth potential

Increase likely (41.67%)

GLP Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from GLP dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in GLP stock here.

Comparing GLP to Sector and Country

GLP pays a solid dividend yield of 7.78%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.36%). GLP’s dividend yield is lower than the average of the top 25% of dividend payers in the Energy sector in the US market (12.20%), which means that there are more attractive dividend stocks to consider.

GLP Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
GLP
Global Partners LP 1.609B $0.700 7.78% 98.96%

FAQ

What factors can affect the amount of GLP's dividend payments?
The amount of GLP's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in GLP sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from GLP stock be automatically reinvested?
If GLP offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy GLP stock.

How often does GLP pay dividend?
Global Partners LP (GLP) pays dividends quarterly. The most recent payout was on Feb 14, 2024.

How much does GLP pays per share?
The last recorder (Feb 07, 2024) dividend per share was $0.700.

What is GLP dividend growth rate?
Over the last year, Global Partners LP has witnessed growth rate of 6.87% . Looking back over the past 3 years, this growth rate has been 6.78%. Furthermore, examining the past 5 years, Global Partners LP has maintained an average Dividends Per Share Growth Rate of 6.54%.
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About Global Partners LP

Global Partners LP 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-... GLP Profile

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