Global Partners's most recent dividend of $0.73 per share was on Nov 8, 2024 (ex-date). At an annualized rate of $2.86 per share, the stock yields 5.52%. The latest GLP distribution of $0.73 marks a dividend growth of 1.4%.
Global Partners's dividend yield of 5.52% is higher than the Energy sector and the industry average but lower than its peers average. In comparison with the Energy sector average of 4.03%, Global Partners's dividend yield is 37% higher. The historical 5-year average of GLP's dividend yield is 9.2%, which is higher than the current one.
Global Partners has a history of paying dividends since 2006. Our records of GLP show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 8% for the last year. However since the stock price has gone up by 51% from a year ago, the dividend yield has decreased by 28%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Nov 8, 2024 | $0.73 | 5.88% |
Aug 8, 2024 | $0.72 | 7.05% |
May 8, 2024 | $0.71 | 6.13% |
Feb 7, 2024 | $0.7 | 6.09% |
Nov 7, 2023 | $0.685 | 8.32% |
Aug 7, 2023 | $0.675 | 8.28% |
May 8, 2023 | $0.655 | 8.33% |
Feb 7, 2023 | $0.635 | 6.75% |
Nov 7, 2022 | $0.625 | 8.04% |
Aug 5, 2022 | $0.605 | 8.71% |
May 6, 2022 | $0.595 | 8.87% |
Feb 7, 2022 | $0.585 | 8.73% |
Nov 5, 2021 | $0.575 | 10% |
Aug 6, 2021 | $0.575 | 9.1% |
May 7, 2021 | $0.575 | 8.39% |
Feb 5, 2021 | $0.55 | 9.33% |
Nov 6, 2020 | $0.5 | 12.28% |
Aug 7, 2020 | $0.459 | 14.76% |
May 8, 2020 | $0.394 | 18.43% |
Feb 7, 2020 | $0.525 | 10.5% |
Nov 7, 2019 | $0.52 | 10.06% |
Aug 8, 2019 | $0.515 | 10.07% |
May 9, 2019 | $0.51 | 10.21% |
Feb 7, 2019 | $0.5 | 10.11% |
Nov 8, 2018 | $0.475 | 9.55% |
Aug 8, 2018 | $0.475 | 9.55% |
May 9, 2018 | $0.463 | 11.31% |
Feb 8, 2018 | $0.463 | 10.88% |
Nov 8, 2017 | $0.463 | 10.28% |
Aug 7, 2017 | $0.463 | 10.22% |
May 8, 2017 | $0.463 | 9.97% |
Feb 7, 2017 | $0.463 | 8.87% |
Nov 4, 2016 | $0.463 | 11.78% |
Aug 4, 2016 | $0.463 | 15.35% |
May 4, 2016 | $0.463 | 18.23% |
Feb 8, 2016 | $0.463 | 16.94% |
Nov 2, 2015 | $0.698 | 8.61% |
Aug 3, 2015 | $0.693 | 8.56% |
May 4, 2015 | $0.68 | 6.62% |
Feb 2, 2015 | $0.665 | 6.64% |
Global Partners's payout ratio of 85.6% is above the Energy sector and the industry average. If we compare it with its Energy sector average of 56.2%, Global Partners's payout ratio is 52% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
CAPL CrossAmerica Partners LP | 10.39% | $2.1 | 396.2% |
SPH Suburban Propane Partners Lp | 7.16% | $1.3 | 85.5% |
GLP Global Partners Lp | 5.52% | $2.86 | 85.6% |
SGU Star Group Lp | 5.45% | $0.68 | 59.1% |
PSX Phillips 66 | 3.42% | $4.5 | 57.3% |
AE Adams Resources & Energy Inc | 2.58% | $0.96 | N/A |
Yes, Global Partners has been paying dividends for the last 18 years.
Global Partners's last regular dividend was on Nov 8, 2024 (ex-date) with the amount of $0.73 per share.
On an annual basis GLP pays $2.86 per share.
Global Partners's current dividend yield is 5.52%.
Global Partners has a quarterly dividend frequency.
The dividend payout ratio of Global Partners is 85.6%.
Global Partners's dividend yield is higher than the Energy sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.