Global Partners raises its quarterly payout to $0.78 per share, marking a 2.6% increase from the prior $0.76 dividend.
Global Partners declared a $0.78 per share quarterly dividend, up 2.6% from the previous $0.76 payout. The increase reflects the company’s ongoing commitment to returning value to shareholders amid stable cash flow generation.
The prior dividend stood at $0.76, with the new rate yielding 6.32% on a forward basis. The dividend is payable August 14 to shareholders of record as of August 10, with an ex-dividend date set for August 10.
No immediate market reaction was reported following the announcement, which aligns with the company’s historical dividend growth trajectory.