Global Partners LP (NYSE:GLP) Updates On Dividend Release Date


On 2016-07-27, Global Partners LP (NYSE:GLP) confirmed the dividend disbursement of $0.463 a share to shareholders as on record 2016-08-08. The firm will release dividend on 2016-08-12 while ex-dividend date is reported to be 2016-08-04.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Global Partners LP (NYSE:GLP) paid a total of $0.463 per share in dividends. This figure stood at $0.463 a share in the same period a year ago indicating a deviation of 8.2097%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $22.75 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $43 and $14, respectively.

Taking the mathematical rating formula, the price for Global Partners LP (NYSE:GLP) stands at 2.71. Earnings Review Global Partners LP (NYSE:GLP) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $-0.03.

Coming to the quarter ending on 2015-12-31, Global Partners LP (NYSE:GLP) recorded EPS of $-0.22. The reported numbers came lower than the analysts’ estimates of $-0.18, demonstrating a miss of $-0.04 as against reported figures.

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