Global Partners LP announced a quarterly cash distribution of $0.59375 per unit on its 9.50% fixed-rate Series B preferred units.
The distribution is for the period from November 15, 2025, through February 14, 2026, totaling $2.375 per unit annually.
The distribution payment is scheduled for February 17, 2026, for Series B preferred unitholders of record as of February 2, 2026.
Cash Distribution Declared
Board of Directors declared a quarterly cash distribution of $0.59375 per unit on the Series B preferred units.
Record Date
Payment to Series B preferred unitholders of record as of February 2, 2026.
Non-U.S. Withholding Information
Distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate plus 10%.
- Global Partners LP, a Fortune 500 company, continues its legacy as an integrated owner, supplier, and operator of energy terminals.
- The company's extensive distribution network spans across the Northeast states, Mid-Atlantic, and Texas, serving wholesalers, retailers, and commercial customers.
- Global's commitment to energy transition and diversification aligns with industry advancements and changing consumer needs.
Global Partners LP's announcement of cash distribution on Series B preferred units highlights the company's commitment to rewarding its investors and maintaining financial stability.