Global Partners LP announced a quarterly cash distribution of $0.59375 per unit on its 9.50% fixed-rate Series B preferred units for the period from February 15, 2026 through May 14, 2026, payable on May 15, 2026.
Key takeaways
The Board of Directors declared a quarterly cash distribution of $0.59375 per unit ($2.375 annualized) on the 9.50% fixed-rate Series B preferred units.
The distribution covers the period from February 15, 2026 through May 14, 2026 and will be paid on May 15, 2026.
Record date for the distribution is May 1, 2026, with payment to unitholders of record as of the opening of business on that date.
The company provided qualified notice that 100% of distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate plus 10%.