SmarterDividends
GLP-PB

Global Partners LP

GLP-PB

Energy · Oil & Gas Midstream · Stock · quarterly payer

$25.48

Undervalued · +121% Add to Portfolio

Forward Yield

9.32%

Annual Dividend

$2.38

Payout Ratio

—

5-Yr Growth

—

Ex-Date

May 1, 2026

Frequency

Quarterly

Key facts about GLP-PB's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 1, 2026, Global Partners LP (GLP-PB) has a forward dividend yield of 9.32%, based on an annual dividend of $2.38 per share and a share price of $25.48.
  • As of Oct 1, 2026, GLP-PB's dividend safety grade from SmarterDividends is C (59 out of 100), which rates the dividend as borderline.
  • GLP-PB has never cut its regular dividend in the payment history SmarterDividends has on record.
  • GLP-PB's most recent ex-dividend date was May 1, 2026, for a dividend of $0.59 per share.
  • As of Oct 1, 2026, SmarterDividends' blended fair-value estimate for GLP-PB is $56.31 per share, 121% above the $25.48 share price, so GLP-PB screens as undervalued.
  • Global Partners LP (GLP-PB) pays its dividend quarterly, 4 times a year.
  • Global Partners LP (GLP-PB) has raised its regular dividend 1 time and cut it 0 times across the 21 payments on record since 2021. Its most recent change was a 76.4% increase to $0.594 per share, going ex-dividend on Jul 30, 2021.
Cite this page

SmarterDividends, "GLP-PB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 1, 2026, https://smarterdividends.com/stocks/GLP-PB

Summary

As of Oct 1, 2026, Global Partners LP (GLP-PB) yields 9.32% ($2.38 a year per share) and has a dividend safety grade of C (59/100).

Is GLP-PB a good dividend stock?

Yes, with caveats

Global Partners LP (GLP-PB) pays a quarterly dividend yielding 9.32% ($2.38/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Never cut its dividend on record

Risks

  • Very high yield can signal elevated risk

Key Data

Dividend Yield
9.32%
Payout Ratio
—
Annual Dividend
$2.38
5-Yr Avg Growth
—
Ex-Dividend Date
May 1, 2026
Years of Growth
0
Frequency
quarterly
Beta
1.02
Market Cap
—
P/E Ratio
11.2
5-Yr Total Return
—
52-Week Range
—
Dividend Safety
C · 59/100
Ever Cut?
No

GLP-PB dividend raises and cuts

Global Partners LP (GLP-PB) has raised its regular dividend 1 time and cut it 0 times across the 21 payments on record since 2021. Its most recent change was a 76.4% increase to $0.594 per share, going ex-dividend on Jul 30, 2021.

Ex-dateChangeOld → newMove
Jul 30, 2021Raise$0.337 → $0.594+76.4%
Every GLP-PB payment →Download every raise and cut (CSV)
GLP-PB ex-dividend date & scheduleNext ex-date May 1, 2026 · full ex-dividend historyView →GLP-PB dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is GLP-PB a good dividend stock?

Yes, with caveats. Global Partners LP (GLP-PB) pays a quarterly dividend yielding 9.32% ($2.38/yr), with 0 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-PB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GLP-PB's fair value is about $56.31 versus a $25.48 share price — so it looks undervalued (+121% vs. fair value).

Is GLP-PB's dividend safe?

GLP-PB has a dividend-safety grade of C (59/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is GLP-PB's fair value?

Our blended fair-value estimate for GLP-PB is about $56.31 per share, roughly 121% above the current $25.48 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is GLP-PB a buy, hold, or sell?

We don't issue formal ratings, but on the data GLP-PB screens as "yes, with caveats" and undervalued. Global Partners LP (GLP-PB) pays a quarterly dividend yielding 9.32% ($2.38/yr), with 0 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-PB cut its dividend?

GLP-PB earns a dividend-safety grade of C (59/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does GLP-PB pay a dividend?

Yes. Global Partners LP pays a quarterly dividend of about $2.38 per share annually, a forward yield of roughly 9.32%.

What is GLP-PB's dividend yield?

As of Oct 1, 2026, GLP-PB's forward dividend yield is 9.32%, based on a $2.38 annual dividend and a $25.48 share price.

What is GLP-PB's dividend per share?

As of Oct 1, 2026, GLP-PB pays $2.38 per share per year, distributed on a quarterly basis.

How many years has GLP-PB grown its dividend?

GLP-PB does not currently have a long dividend-growth streak on record.

When is the next GLP-PB ex-dividend date?

As of Oct 1, 2026, GLP-PB's next ex-dividend date hasn't been announced. The most recent was May 1, 2026, for $0.59 per share.

Income Calculator

At $2.38 / yr per share

Per payment (quarterly)$59.50
Annual$238.00
Monthly avg$19.83

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