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GLP Global Partners dividend history, payout ratio & dates

Global Partners's most recent quarterly dividend of $0.685 per share was on Nov 7, 2023 (ex-date). At an annualized rate of $2.62 per share, the stock yields 7.06%. The latest GLP distribution of $0.685 marks a dividend growth of 1.5%.

Key dates

  • GLP last dividend date: Nov 7, 2023
  • GLP next dividend date: Not announced
GLP dividend stats
DPS
$2.62
Dividend yield
7.06%
Payout ratio
67.5%
vs. Energy sector
Dividend yield
3.81%
Payout ratio
42.6%

Dividend yield

What is Global Partners current dividend yield

Global Partners's dividend yield of 7.06% is higher than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 3.81%, Global Partners's dividend yield is 85% higher. The historical 5-year average of GLP's dividend yield is 10.0%, which is higher than the current one.

Dividend history

What is GLP dividend payout history and dates

Global Partners has a history of paying dividends since 2006. Our records of GLP show that the company has issued six dividends in the last twelve months. This includes five regular and one special dividends. The annualized DPS has increased by 9% for the last year. However since the stock price has gone up by 23% from a year ago, the dividend yield has decreased by 12%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Nov 7, 2023 Nov 14, 2023 Oct 24, 2023 $0.685 normal
Aug 7, 2023 Aug 14, 2023 Jul 25, 2023 $0.675 normal
May 8, 2023 May 15, 2023 Apr 25, 2023 $0.655 normal
Apr 28, 2023 May 15, 2023 Apr 17, 2023 $0.609 normal
Feb 7, 2023 Feb 14, 2023 Jan 25, 2023 $0.938 special
Feb 7, 2023 Feb 14, 2023 Jan 25, 2023 $0.635 normal
Nov 7, 2022 Nov 14, 2022 Oct 25, 2022 $0.625 normal
Aug 5, 2022 Aug 12, 2022 Jul 26, 2022 $0.605 normal
May 6, 2022 May 13, 2022 Apr 26, 2022 $0.595 normal
Feb 7, 2022 Feb 14, 2022 Jan 25, 2022 $0.585 normal
Nov 5, 2021 Nov 12, 2021 Oct 25, 2021 $0.575 normal
Aug 6, 2021 Aug 13, 2021 Jul 27, 2021 $0.575 normal
May 7, 2021 May 14, 2021 Apr 26, 2021 $0.575 normal
Feb 5, 2021 Feb 12, 2021 Jan 26, 2021 $0.55 normal
Jan 29, 2021 Feb 16, 2021 Jan 19, 2021 $0.609 normal
Nov 6, 2020 Nov 13, 2020 Oct 26, 2020 $0.5 normal
Aug 7, 2020 Aug 14, 2020 Jul 31, 2020 $0.459 normal
May 8, 2020 May 15, 2020 Apr 27, 2020 $0.394 normal
Feb 7, 2020 Feb 14, 2020 Jan 27, 2020 $0.525 normal
Nov 7, 2019 Nov 14, 2019 Oct 25, 2019 $0.52 normal
Aug 8, 2019 Aug 14, 2019 Jul 26, 2019 $0.515 normal
May 9, 2019 May 15, 2019 Apr 29, 2019 $0.51 normal
Feb 7, 2019 Feb 14, 2019 Jan 28, 2019 $0.5 normal
Nov 8, 2018 Nov 14, 2018 Oct 26, 2018 $0.475 normal
Aug 8, 2018 Aug 14, 2018 Jul 27, 2018 $0.475 normal
May 9, 2018 May 15, 2018 Apr 27, 2018 $0.463 normal
Feb 8, 2018 Feb 14, 2018 Jan 29, 2018 $0.463 normal
Nov 8, 2017 Nov 14, 2017 Oct 27, 2017 $0.463 normal
Aug 7, 2017 Aug 14, 2017 Jul 28, 2017 $0.463 normal
May 8, 2017 May 15, 2017 Apr 28, 2017 $0.463 normal
Feb 7, 2017 Feb 14, 2017 Jan 30, 2017 $0.463 normal
Nov 4, 2016 Nov 14, 2016 Oct 26, 2016 $0.463 normal
Aug 4, 2016 Aug 12, 2016 Jul 27, 2016 $0.463 normal
May 4, 2016 May 16, 2016 Apr 26, 2016 $0.463 normal

Global Partners dividend payout ratio

What is Global Partners dividend payout ratio compared to the sector

Payout ratio

Global Partners's payout ratio of 67.5% is above the Energy sector average but below the industry average. If we compare it with its Energy sector average of 42.6%, Global Partners's payout ratio is 58% higher.

Total amount of dividends paid per financial year (from cash flow)

GLP dividend vs peer dividends

How does GLP dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
CAPL CrossAmerica Partners LP 9.34% $2.1 196.3%
SPH Suburban Propane Partners Lp 7.67% $1.3 67%
GLP Global Partners Lp 7.06% $2.62 67.5%
SGU Star Group Lp 5.27% $0.64 1,280%
AE Adams Resources & Energy Inc 3.69% $0.96 N/A
PSX Phillips 66 3.36% $4.2 25.2%

Frequently asked questions

Does Global Partners pay a dividend?

Yes, Global Partners has been paying dividends for the last 17 years.

When is Global Partners's next dividend?

GLP hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in February 2024.

When was GLP's last dividend?

Global Partners's last regular dividend was on Nov 7, 2023 (ex-date) with the amount of $0.685 per share.

How much dividend does Global Partners pay (per share)?

On an annual basis GLP pays $2.62 per share.

What is Global Partners's dividend yield?

Global Partners's current dividend yield is 7.06%.

How often does Global Partners pay dividends?

Global Partners has a quarterly dividend frequency.

What is Global Partners's dividend payout ratio?

The dividend payout ratio of Global Partners is 67.5%.

Does Global Partners pay a good dividend?

Global Partners's dividend yield is higher than the Energy sector average.