SmarterDividends
GLP

Global Partners LP

GLP

Energy · Oil & Gas Midstream · Stock · quarterly payer

$49.71

Undervalued · +93% Add to Portfolio

Forward Yield

6.28%

Annual Dividend

$3.12

Payout Ratio

62%

5-Yr Growth

9.7%

Ex-Date

Aug 10, 2026

Frequency

Quarterly

Key facts about GLP's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Global Partners LP (GLP) has a forward dividend yield of 6.28%, based on an annual dividend of $3.12 per share and a share price of $49.71.
  • As of Oct 18, 2026, GLP's dividend safety grade from SmarterDividends is C (61 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Global Partners LP (GLP) has raised its dividend for 5 consecutive years as of Oct 18, 2026.
  • GLP last cut its regular dividend in 2020.
  • GLP's most recent ex-dividend date was Aug 10, 2026, for a dividend of $0.78 per share.
  • As of Oct 18, 2026, GLP pays out 62% of its trailing 12-month earnings as dividends (its payout ratio).
  • GLP's dividend has grown at an average rate of 9.7% a year over the past five years.
  • As of Oct 18, 2026, GLP's 6.28% yield is 23% below its five-year average yield of 8.21%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for GLP is $95.97 per share, 93% above the $49.71 share price, so GLP screens as undervalued.
  • Global Partners LP (GLP) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "GLP Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/GLP

Summary

As of Oct 18, 2026, Global Partners LP (GLP) yields 6.28% ($3.12 a year per share), has a dividend safety grade of C (61/100) and has 5 consecutive years of dividend increases on record.

Is GLP a good dividend stock?

Yes, with caveats

Global Partners LP (GLP) pays a quarterly dividend yielding 6.28% ($3.12/yr), with 5 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Strong 9.7% 5-yr dividend growth
  • 118% total price return over 5 years

Risks

  • Cut its dividend in 2020

Key Data

Dividend Yield
6.28%
Payout Ratio
62%
Annual Dividend
$3.12
5-Yr Avg Growth
9.7%
Ex-Dividend Date
Aug 10, 2026
Years of Growth
5
Frequency
quarterly
Beta
1.11
Market Cap
$1.7B
P/E Ratio
10.1
5-Yr Total Return
118%
52-Week Range
$39.58 – $54.29
Dividend Safety
C · 61/100
Ever Cut?
Yes (2020)

GLP dividend changes

Global Partners LP (GLP) pays a variable dividend: across the 83 payments on record since 2006, 52 were higher than the one before and 2 lower. The latest change was up 2.0% to $0.780 per share, going ex-dividend on Aug 10, 2026.

Ex-dateChangeOld → newMove
Aug 10, 2026Higher$0.765 → $0.780+2.0%
May 11, 2026Higher$0.760 → $0.765+0.7%
Feb 9, 2026Higher$0.755 → $0.760+0.7%
Nov 10, 2025Higher$0.750 → $0.755+0.7%
Aug 8, 2025Higher$0.745 → $0.750+0.7%
May 9, 2025Higher$0.740 → $0.745+0.7%
Feb 10, 2025Higher$0.730 → $0.740+1.4%
Nov 8, 2024Higher$0.720 → $0.730+1.4%
Aug 8, 2024Higher$0.710 → $0.720+1.4%
May 8, 2024Higher$0.700 → $0.710+1.4%
Feb 7, 2024Higher$0.685 → $0.700+2.2%
Nov 7, 2023Higher$0.675 → $0.685+1.5%
Every GLP payment →Download every raise and cut (CSV)
GLP ex-dividend date & scheduleNext ex-date Aug 10, 2026 · full ex-dividend historyView →GLP dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GLP a good dividend stock?

Yes, with caveats. Global Partners LP (GLP) pays a quarterly dividend yielding 6.28% ($3.12/yr), with 5 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is GLP undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GLP's fair value is about $95.97 versus a $49.71 share price — so it looks undervalued (+93% vs. fair value).

Is GLP's dividend safe?

GLP has a dividend-safety grade of C (61/100), based on its payout coverage, free-cash-flow, 5-year growth streak, a dividend cut in 2020, debt and yield-versus-history.

What is GLP's fair value?

Our blended fair-value estimate for GLP is about $95.97 per share, roughly 93% above the current $49.71 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GLP a buy, hold, or sell?

We don't issue formal ratings, but on the data GLP screens as "yes, with caveats" and undervalued. Global Partners LP (GLP) pays a quarterly dividend yielding 6.28% ($3.12/yr), with 5 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will GLP cut its dividend?

GLP earns a dividend-safety grade of C (61/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does GLP pay a dividend?

Yes. Global Partners LP pays a quarterly dividend of about $3.12 per share annually, a forward yield of roughly 6.28%.

What is GLP's dividend yield?

As of Oct 18, 2026, GLP's forward dividend yield is 6.28%, based on a $3.12 annual dividend and a $49.71 share price.

What is GLP's dividend per share?

As of Oct 18, 2026, GLP pays $3.12 per share per year, distributed on a quarterly basis.

What is GLP's dividend payout ratio?

As of Oct 18, 2026, GLP's payout ratio is 62% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has GLP grown its dividend?

As of Oct 18, 2026, GLP has increased its dividend for 5 consecutive years.

When is the next GLP ex-dividend date?

As of Oct 18, 2026, GLP's next ex-dividend date hasn't been announced. The most recent was Aug 10, 2026, for $0.78 per share.

GLP Dividend News

GLP
IncreaseGLP·Sep 22, 2026

Global Partners Raises Quarterly Distribution 1.96%

Global Partners increased its quarterly distribution to $0.78 per unit, extending its growth streak to five consecutive years.

Income Calculator

At $3.12 / yr per share

Per payment (quarterly)$78.00
Annual$312.00
Monthly avg$26.00

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