As of today (2024-04-16), the Trailing Annual Dividend Yield of Global Partners LP is 5.94%.
Warning Sign:
Global Partners LP stock dividend yield is close to 10-year low.
The historical rank and industry rank for Global Partners LP's Dividend Yield % or its related term are showing as below:
GLP'
s Dividend Yield % Range Over the Past 10 Years
Min: 5.33 Med: 9.35 Max: 24.64
Current: 5.94
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%.
GLP's Dividend Yield % is ranked better than 67.47% of 495
companies
in the Oil & Gas industry
Industry Median: 4
vs GLP: 5.94
Global Partners LP's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.49.
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 0.72, which seems too high.
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.
Global Partners LP's Dividends per Share for the
three
months ended in Dec. 2023 was $0.69.
During the past 12 months, Global Partners LP's average Dividends Per Share Growth Rate was 10.00% 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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Global Partners LP Dividend Yield % Historical Data
The historical data trend for Global Partners LP's Dividend Yield % 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.
* Premium members only.
Global Partners LP Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Dividend Yield %
10.14
11.30
9.68
6.99
6.26
Global Partners LP Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Dividend Yield %
6.99
7.93
8.20
7.33
6.26
Competitive Comparison
For the Oil & Gas Midstream subindustry, Global Partners LP's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Yield % Distribution
For the Oil & Gas industry and Energy sector, Global Partners LP's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Global Partners LP's Dividend Yield % falls into.
Global Partners LP Dividend Yield % Calculation
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 0.700
2024-02-07
2024-02-08
2024-02-14
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.685
2023-11-07
2023-11-08
2023-11-14
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.675
2023-08-07
2023-08-08
2023-08-14
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.655
2023-05-08
2023-05-09
2023-05-15
Cash Dividend
quarterly
USD: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 Trailing Annual Dividend Yield (%) for Today is calculated as
Trailing Annual Dividend Yield
=
Most Recent Full Year Dividend
/
Current Share Price
=
2.715
/
45.69
=
5.94 %
Current Share Price is $45.69.
Global Partners LP's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.715.
Global Partners LP's Forward Annual Dividend Yield (%) for Today is calculated as
Forward Annual Dividend Yield
=
Forward Full Year Dividend
/
Current Share Price
=
2.8
/
45.69
=
6.13 %
Current Share Price is $45.69.
Global Partners LP's Dividends per Share for the forward twelve months is calculated as $0.7 * 4 = $2.8.
* 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 (NYSE:GLP) Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, 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.
Thank you for viewing the detailed overview of Global Partners LP's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Global Partners LP (Global Partners LP) Business Description
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.
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