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
(C)2019 ENPublishing - http://www.enpublishing.co.uk
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.
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|Publication:||Global Banking News (GBN)|
|Date:||Apr 22, 2019|
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