Global Partners' Series B Preferred Shares Cross 9% Yield Mark
July 19, 2024 at 14:53 PM EDT
In trading on Friday, shares of Global Partners LP's 9.50% Series B Fixed Rate Cumulative Red Perp Preferred Units (GLP. RB) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.375), with shares changing hands as low as $26.33 on the day.