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Global Partners LP (Global Partners LP) 3-Year Dividend Growth Rate : 12.20% (As of Mar. 2024)


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What is Global Partners LP 3-Year Dividend Growth Rate?

Global Partners LP's Dividends per Share for the three months ended in Mar. 2024 was $0.00.

The historical rank and industry rank for Global Partners LP's 3-Year Dividend Growth Rate or its related term are showing as below:

GLPpB.PFD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -11.8   Med: 3.4   Max: 12.2
Current: 12.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Global Partners LP was 12.20% per year. The lowest was -11.80% per year. And the median was 3.40% per year.

GLPpB.PFD's 3-Year Dividend Growth Rate is ranked worse than
52.72% of 313 companies
in the Oil & Gas industry
Industry Median: 14.5 vs GLPpB.PFD: 12.20

During the past 12 months, Global Partners LP's average Dividends Per Share Growth Rate was 10.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Global Partners LP's Dividend Payout Ratio for the three months ended in Mar. 2024 was 0.00. As of today, Global Partners LP's Dividend Yield % is 9.02%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Global Partners LP is 1.04, which seems too high.

Warning Sign:

Global Partners LP stock dividend yield is close to 10-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Global Partners LP's 3-Year Dividend Growth Rate

For the Oil & Gas Midstream subindustry, Global Partners LP's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Global Partners LP's 3-Year Dividend Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Global Partners LP's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Global Partners LP's 3-Year Dividend Growth Rate falls into.



Global Partners LP 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Global Partners LP  (NYSE:GLPpB.PFD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Global Partners LP's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0/ 0
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Global Partners LP was 2.38. The lowest was 0.31. And the median was 0.72.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Global Partners LP is 1.04, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Global Partners LP Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5937502024-04-302024-05-012024-05-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.5937502024-01-312024-02-012024-02-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.5937502023-10-312023-11-012023-11-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.5937502023-07-312023-08-012023-08-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Global Partners LP's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=2.375/26.3408
=9.02 %

Current Share Price is $26.3408.
Global Partners LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.375.

During the past 13 years, the highest Dividend Yield of Global Partners LP was 24.64%. The lowest was 5.33%. And the median was 9.35%.

Warning Sign:

Global Partners LP stock dividend yield is close to 10-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Global Partners LP 3-Year Dividend Growth Rate Related Terms>


Global Partners LP (Global Partners LP) Business Description

Traded in Other Exchanges
Address
800 South Street, P.O. Box 9161, Suite 500, Waltham, MA, USA, 02454-9161
Global Partners LP is an us-based limited partnership that acts as a midstream logistics and marketing company. It is mainly engaged in purchasing, selling, storing and logistics of transporting petroleum and related products. The company owns and operates and control terminal networks of refined petroleum products and renewable fuels in Massachusetts, Maine, Connecticut, Vermont, and other places. It distributes gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, natural gas and propane to wholesalers, retailers and commercial customers. The company operates through three segments i.e. Wholesale, Gasoline Distribution and Station Operations and Commercial. It generates maximum revenue from the Wholesale segment.