Global Partners LP (GLP) Dividend Details and dates on New York Stock Exchange

Global Partners LP Dividend Stock Review

New York Stock Exchange

Global Partners LP (GLP) Dividend Details and dates on New York Stock Exchange

Global Partners LP Global Partners LP engages in purchasing, selling, storing, and logistics of transporting petroleum and related products. It operates through the following business segments; Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks and diesel to wholesale distributors. The GDSO segment includes sales of branded and unbranded gasoline to gasoline station operators and sub jobbers. The Commercial segment refers to the sales and deliveries to end user customers in the public sector and to large commercial and industrial end users of unbranded gasoline, home heating oil, diesel, kerosene, residual oil, bunker fuel, and natural gas. The company was founded in March 2005 and is headquartered in Waltham, MA.
Sector: Distribution Services Wholesale Distributors

Dividend income advisory for GLP
Dividend Yield for GLP
The expected yield for GLP is 9.76 %, this hefty return can be healthy but only if Global Partners LP is cheaply priced, and has a low debt to equity ratio and a nice profit per share.

How is GLP priced
GLP has a trailing price to earnings ratio (P/E) of 14.08. The ratio is determined by the performance in the last 12 months. The P/E ratio is smaller than 20, which we consider a healthly ratio.

Debt to equity of GLP
With the Debt To Equity rate of GLP (2.58) we can conclude that Global Partners LP has more external liabilities than equity provided by shareholders. The company is leveraging it's investments with external cash. This can result in more returns but comes at a higher risk.

Price Prediction for GLP
On average analists predict that GLP will be correctly priced after a 0%. change. We can expect some long term capital gains.

Upcoming Dividends for GLP
No Upcoming dividends declared.

Dividends in past 12 months GLP
Declared Ex Dividend Date Payment Date Record Date Amount Frequency
2019-04-29 2019-05-09 2019-05-15 2019-05-10 0.51 USD Quarterly
2019-01-28 2019-02-07 2019-02-14 2019-02-08 0.5 USD Quarterly
2018-10-26 2018-11-08 2018-11-14 2018-11-09 0.475 USD Quarterly
2018-07-27 2018-08-08 2018-08-14 2018-08-09 0.475 USD Quarterly


Historical Dividends & Cap Growth for GLP
Past 5 Year Capital Gains -52.06 %
Dividend yield 26.51 %
Growth including dividends -25.56%
Latest news for GLP

2019-05-09 Global Partners LP (GLP) Q1 2019 Earnings Call Transcript GLP earnings call for the period ending March 31, 2019.
Original Article @ The Motley Fool

2019-05-09 Global Partners LP (GLP) CEO Eric Slifka on Q1 2019 Results - Earnings Call Transcript Global Partners LP (NYSE:GLP) Q1 2019 Earnings Conference Call May 9, 2019 10:00 AM ET Company Participants Edward Faneuil - Executive Vice President and Genera
Original Article @ Seeking Alpha

2019-04-22 Global Partners LP Cum Conv Red Perp Pfd Registered Units Series A declares $0.6094 dividend No summary available.
Original Article @ Seeking Alpha

2019-03-07 Global Partners LP (GLP) CEO Eric Slifka on Q4 2018 Results - Earnings Call Transcript Global Partners LP (NYSE:GLP) Q4 2018 Results Earnings Conference Call March 07, 2019, 10:00 AM ET Company Participants Edward Faneuil - EVP and General Counsel
Original Article @ Seeking Alpha

2019-01-22 Global Partners LP Cum Conv Red Perp Pfd Registered Units Series A declares $0.609375 dividend No summary available.
Original Article @ Seeking Alpha

2019-01-22 Global Partners LP Cum Conv Red Perp Pfd Registered Units Series A declares $0.609375 dividend No summary available.
Original Article @ Seeking Alpha

Dividend Stats For GLP

  • Current Dividend Yield 9.76%
  • Past Year Payout: 1.96 USD
  • Next Ex Dividend Undeclared
  • Next Payment: N/A USD
  • Our score 73 %

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