GLP-P-B: GLOBAL PARTNERS LP 9.5% Series B Preferred Stock
GLOBAL PARTNERS LP's GLP-P-B is an exchange-traded preferred stock in the Wholesale-Petroleum Bulk Stations & Terminals sector.
At a recent price of $25.48, GLP-P-B yields 9.32% on its $25 liquidation preference and 9.5% coupon.
It trades at a premium of 1.9% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2026-05-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.