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Global Partners' board approves USD0.609375 per unit distribution for quarter.

Global Banking News-April 22, 2019-Global Partners' board approves USD0.609375 per unit distribution for quarter

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The board of directors of the general partner of Global Partners LP (NYSE:GLP) Friday declared its quarterly distribution of USD0.609375 per unit on its Series A preferred units for the period from 15 February 2019 through 14 May 2019.

Annually, the cash distribution is equivalent to USD2.4375 per unit on its Series A preferred units, added the company.

This cash distribution will be paid on 15 May 2019 to holders of record at the opening of business as of 1 May 2019.

With approximately 1,600 locations primarily in the Northeast, the company owns, supplies and operates gasoline stations and convenience stores.

((Distributed via M2 Communications - http://www.m2.com))

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Publication:Global Banking News (GBN)
Date:Apr 22, 2019
Words:136
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