Global Partners's most recent quarterly dividend of $0.595 per share was on May 6, 2022 (ex-date). At an annualized rate of $2.33 per share, the stock yields 9.87%. The latest GLP distribution of $0.595 marks a dividend growth of 1.7%.
Global Partners's dividend yield of 9.87% is higher than the Energy sector, the industry and its peers average.
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 4.3% for the last year. And since the stock price has gone down by 9% from a year ago, the dividend yield has increased by 14%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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's payout ratio of 101.7% is above the Energy sector, the industry and its peers average.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CAPL CrossAmerica Partners LP | 10.17% | $2.1 | 262.5% |
| GLP Global Partners Lp | 9.87% | $2.33 | 101.7% |
| SPH Suburban Propane Partners Lp | 8.38% | $1.3 | 53.5% |
| CEQP Crestwood Equity Partners LP | 7.77% | $1.91 | N/A |
| SGU Star Group Lp | 6.2% | $0.58 | 43.1% |
| PSX Phillips 66 | 4.4% | $3.71 | 64.5% |
| AE Adams Resources & Energy Inc | 3.06% | $0.96 | 27.3% |
| INT World Fuel Services Corp | 2.31% | $0.48 | 37.2% |