GLP (Global Partners LP) Dividend Payout Ratio: 0.41 (As of Jun. 2026) — 62% Below Median

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GLP Global Partners LP GLP
89 GF Score
Price $50.57
GF Value $61.16
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Global Partners LP Dividend Payout Ratio?

Global Partners LP GLP -0.14% 89 Dividend Payout Ratio is 0.41 as of Jun. 2026, which is 62% below its 10-year median of 1.07. GuruFocus rates GLP with a GF Score™ of 89/100 and a GF Value™ of $61.16 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 444 Oil & Gas companies, Global Partners LP ranks worse than 60.59% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Global Partners LP's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.41.

The historical rank and industry rank for Global Partners LP's Dividend Payout Ratio or its related term are showing as below:

GLP' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.31   Med: 1.07   Max: 1.78
Current: 0.63

During the past 13 years, the highest Dividend Payout Ratio of Global Partners LP was 1.78. The lowest was 0.31. And the median was 1.07.

GLP's Dividend Payout Ratio is ranked worse than
60.59% of 444 companies
in the Oil & Gas industry
Industry Median: 0.48 vs GLP: 0.63

As of today (2026-08-20), the Dividend Yield % of Global Partners LP is 6.04%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Global Partners LP was 24.64%. The lowest was 4.91%. And the median was 9.02%.

Global Partners LP's Dividends per Share for the months ended in Jun. 2026 was $0.77.

During the past 12 months, Global Partners LP's average Dividends Per Share Growth Rate was 3.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 7.50% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.60% per year.

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 4.30% per year.

The growth rate is calculated with least square regression.

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

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Global Partners LP (NYSE:GLP) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Global Partners LP Dividend Payout Ratio Related Terms

Global Partners LP Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Global Partners LP's Dividend Payout Ratio can be seen below:

* 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 Dividend Payout Ratio Chart

Global Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 0.31 0.72 1.33 1.42

Global Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.19 1.14 1.48 0.43 0.41

GLP vs FLNG, GEL, NAT: Dividend Payout Ratio Comparison

For the Oil & Gas Midstream subindustry, Global Partners LP's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Global Partners LP's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Global Partners LP's Dividend Payout Ratio falls into.


GLP
89GF Score
Global Partners LP GLP
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Partners LP Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Global Partners LP's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=2.99/ 2.106
=1.42

Global Partners LP's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.765/ 1.872
=0.41

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.41 mean?
Global Partners LP (GLP) has a Dividend Payout Ratio of 0.41 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Global Partners LP and its competitors. This is 62% below median its historical median of 1.07. Over the past decade, Global Partners LP's Dividend Payout Ratio has ranged from 0.31 to 1.78. According to the industry distribution chart, Global Partners LP ranks #269 out of 444 companies in the Oil & Gas industry, placing it in the top 60.6%.
Is Global Partners LP's Dividend Payout Ratio too high?
Global Partners LP's current Dividend Payout Ratio of 0.41 is 62% below median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.78. The Oil & Gas industry median Dividend Payout Ratio is 0.48. Global Partners LP's value of 0.41 is 14.6% below this industry median. Based on the distribution chart, Global Partners LP ranks #269 out of 444 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Global Partners LP has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Global Partners LP's Dividend Payout Ratio compare to FLNG and GEL?
According to the Oil & Gas industry distribution chart, Global Partners LP ranks #269 out of 444 companies for Dividend Payout Ratio. This places Global Partners LP in the lower half of its industry. The industry median Dividend Payout Ratio is 0.48. Global Partners LP's value of 0.41 is 14.6% below this benchmark. Historically, Global Partners LP's own Dividend Payout Ratio has ranged from 0.31 to 1.78 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 0.48, Global Partners LP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Oil & Gas company?
The median Dividend Payout Ratio among Oil & Gas companies is 0.48, based on 444 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Global Partners LP's current Dividend Payout Ratio of 0.41 is 14.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Global Partners LP and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Partners LP's current Dividend Payout Ratio is 0.41, which is 62% below median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Global Partners LP (GLP) is currently considered Modestly Undervalued. The stock's GF Value™ is $61.16, compared to a current price of $50.57 — trading 17.3% below its estimated fair value. The current Dividend Payout Ratio is 0.41, which is 62% below median its 10-year median of 1.07 and 14.6% below the Oil & Gas industry median of 0.48. Global Partners LP's overall GF Score™ is 89/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Global Partners LP (GLP), the current Dividend Payout Ratio is 0.41 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Global Partners LP (GLP) Overvalued in 2026?

Based on GuruFocus' analysis, Global Partners LP stock appears to be undervalued. The current stock price of $50.57 is trading 17.3% below its estimated GF Value™ of $61.16. GuruFocus considers Global Partners LP to be Modestly Undervalued.

Key valuation signals for GLP:

  • Dividend Payout Ratio: 0.41 (62% below median its 10-year median of 1.07)
  • GF Value™: $61.16 vs. price of $50.57 (17.3% below fair value)
  • GF Score™: 89/100 with 4 warning signs
  • Industry Position: 14.6% below the Oil & Gas median (#269 of 444)

No single metric tells the full story. See the GLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Global Partners LP Business Description

Industry EnergyOil & Gas
Other Exchanges GLPpB.PFD:USA
Address 800 South Street, P.O. Box 9161, Waltham, MA, USA, 02454-9161
Global Partners LP is a 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 GDSO segment.
89GF Score

Get the complete analysis for GLP

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$50.57
Price
$61.16
GF Value