Global Partners Dividend
Dividend criteria checks 5/6
Global Partners is a dividend paying company with a current yield of 5.86% that is well covered by earnings. Next payment date is on 15th May, 2024 with an ex-dividend date of 8th May, 2024.
Key information
5.9%
Dividend yield
72%
Payout ratio
| Industry average yield | 4.0% |
| Next dividend pay date | 15 May 24 |
| Ex dividend date | 08 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$3.78 |
| Dividend yield forecast in 3Y | 6.3% |
Recent dividend updates
Recent updates
Global Partners LP: 9 Straight Dividend Hikes, 6%-Plus Yield
Mar 31Global Partners: Consider Long-Term Trends
Jan 11Global Partners: Preferreds Up To 12% Yield, Is It Worth The Risk?
Dec 12Global Partners LP: Gas Fuels The Potential For Future Distribution Increases
Aug 14Global Partners: The 8.7% Yielding Stock, 7.0% Senior Notes Great For Income
Jun 02Global Partners Q4 Earnings Preview
Feb 24Global Partners declares $0.635 dividend, special distribution of $0.9375
Jan 25Global Partners LP: 8.2% And Sitting In The Cat-Bird Seat
Dec 08Global Partners Q3 Earnings Preview
Nov 03Global Partners raises dividend by 3.3% to $0.625
Oct 25Global Partners: 9.88% Dividend Yield And Acquisition Of Tidewater Convenience
Sep 27Global Partners Q2 Earnings Preview
Aug 04Global Partners declares $0.605 dividend
Jul 26Global Partners: 10% Dividend Oil Stock To Fuel Your Portfolio
Jul 14Your Global Partners Dividend Investment May Not Be As Safe As You Think
Mar 25Global Partners LP: 9% Yield, Strong Q3 Earnings, Estimates Rising
Jan 09Global Partners LP: 11% Yield, Pullback Buying Opportunity
Sep 17The Flash Crash Of Global Partners Shares
Aug 11Global Partners EPS misses by $0.15, misses on revenue
May 07Global Partners raises dividend by ~5%
Apr 26Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: GLP's dividend payments have been volatile in the past 10 years.
Growing Dividend: GLP's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Global Partners Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (GLP) | 5.9% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Oil and Gas) | 4.0% |
| Analyst forecast in 3 Years (GLP) | 6.3% |
Notable Dividend: GLP's dividend (5.86%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: GLP's dividend (5.86%) is in the top 25% of dividend payers in the US market (4.75%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (72%), GLP's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.5%), GLP's dividend payments are covered by cash flows.