Global Partners LP Announces Quarterly Cash Distribution of $0.7300 per Unit

On October 23, 2024, Global Partners LP (NYSE: GLP) revealed in a recent press release that the Board of Directors of its general partner, Global GP LLC, has approved a quarterly cash distribution of $0.7300 per unit ($2.92 per unit on an annualized basis) for all outstanding common units for the period spanning from July 1, 2024, through September 30, 2024. This distribution is slated to be disbursed on November 14, 2024, to shareholders of record as of the market close on November 8, 2024. A detailed copy of the press release pertaining to this announcement is annexed herewith as Exhibit 99.1 and integrated herein by reference.

As per General Instruction B.2 of Form 8-K, the particulars outlined in this disclosure under Item 7.01 and Exhibit 99.1 are not to be construed as “filed” for the objectives of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These specifics are not subject to the liabilities of that section unless Global Partners LP explicitly affirms that the information is to be regarded as “filed” under the Exchange Act or incorporates it through reference into a filing under the Exchange Act or the Securities Act of 1933, as amended.

In compliance with Item 9.01, the financial statements and accompanying exhibits are duly filed, with Exhibit 99.1 being the Global Partners LP Press Release dated October 23, 2024, and Exhibit 104 being the Cover Page Interactive Data File.

This news update was issued in accordance with the Securities Exchange Act of 1934 and has been signed on behalf of Global Partners LP by Sean T. Geary, Chief Legal Officer, and Secretary, on October 23, 2024.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Global Partners’s 8K filing here.

About Global Partners

Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers. The company operates through three segments: Wholesale, Gasoline Distribution and Station Operations, and Commercial.