dividend
confidence high
sentiment neutral
materiality 0.30
Global Partners LP declares $0.59375/unit quarterly distribution on Series B preferred units
GLOBAL PARTNERS LP
- Quarterly cash distribution of $0.59375 per unit ($2.375 annualized) declared on 9.50% Series B preferred units.
- Distribution covers period Feb 15 through May 14, 2025; payable May 15, 2025 to holders of record May 1, 2025.
- 100% of distributions to non-U.S. investors treated as effectively connected income; subject to withholding at highest rate + 10%.
- Brokers and nominees are withholding agents for non-U.S. investors; qualified notice provided per Treasury regulations.