Global Partners's most recent dividend of $0.74 per share was on Feb 10, 2025 (ex-date). At an annualized rate of $2.9 per share, the stock yields 6.04%. The latest GLP distribution of $0.74 marks a dividend growth of 1.4%.
Key dates
- GLP last dividend date: Feb 10, 2025
GLP dividend stats
vs. Energy sector
Dividend yield
Global Partners's dividend yield of 6.04% is higher than the Energy sector and the industry average but lower than its peers average. In comparison with the Energy sector average of 5.13%, Global Partners's dividend yield is 18% higher. The historical 5-year average of GLP's dividend yield is 8.4%, which is higher than the current one.
Dividend history
Global Partners has a history of paying dividends since 2006. Our records of GLP show that the company has issued three dividends in the last twelve months. The annualized DPS has increased by 4.7% for the last year. However since the stock price has gone up by 6% from a year ago, the dividend yield has decreased by 1.4%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Feb 10, 2025 | $0.74 | 5.05% |
| 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 dividend payout ratio
Payout ratio
Global Partners's payout ratio of 118.4% is above the Energy sector and the industry average. If we compare it with its Energy sector average of 59.7%, Global Partners's payout ratio is 98% higher.
Total amount of dividends paid per financial year (from cash flow)
GLP dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| CAPL CrossAmerica Partners LP | 9.43% | $2.1 | 403.8% |
| SPH Suburban Propane Partners Lp | 6.89% | $1.3 | 121.5% |
| GLP Global Partners Lp | 6.04% | $2.9 | 118.4% |
| SGU Star Group Lp | 5.57% | $0.7 | 54.9% |
| PSX Phillips 66 | 4.21% | $4.6 | 103.6% |
Frequently asked questions
Does Global Partners pay a dividend?
Yes, Global Partners has been paying dividends for the last 19 years.
When was GLP's last dividend?
Global Partners's last regular dividend was on Feb 10, 2025 (ex-date) with the amount of $0.74 per share.
How much dividend does Global Partners pay (per share)?
On an annual basis GLP pays $2.9 per share.
What is Global Partners's dividend yield?
Global Partners's current dividend yield is 6.04%.
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 118.4%.
Does Global Partners pay a good dividend?
Global Partners's dividend yield is higher than the Energy sector average.
Special dividends are included in TTM DPS and yield.