Global Partners' Newburgh Original, a marine-supplied gasoline and distillate facility with a four bay truck rack, in New York. (Source: Global Partners LP)
The board of directors of Global Partners LP’s general partner Global GP LLC declared a quarterly cash dividend on the partnership’s 9.5% fixed-rate Series B preferred units, Global Partners announced April 15.
The quarterly distribution will be $0.60 per unit, or $2.38 per unit annualized, for the period of Feb. 15 through May 14.
The distribution will be paid on May 15 to Series B preferred unitholders of record as of the open of business on May 1.
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