Business Context and Reporting Period
This Form 8-K filing by Global Partners LP, dated January 22, 2013, reports a Regulation FD disclosure regarding a quarterly cash distribution. The distribution covers the period from October 1, 2012, through December 31, 2012.
Key Financial Metrics
- Quarterly Distribution: $0.57 per unit.
- Annualized Distribution: $2.28 per unit.
- Payment Date: February 14, 2013.
- Record Date: February 5, 2013.
The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity metrics.
Material Changes
- The declared distribution represents a 7% increase over the $0.5325 per unit quarterly distribution paid in November 2012.
- The declared distribution represents a 14% increase over the $0.50 per unit quarterly distribution paid in February 2012.
Guidance, Outlook, and Risks
The filing contains no specific guidance, outlook, management commentary on future operations, risks, contingencies, or unusual items beyond the announcement of the distribution increase.
Investor Verification Checklist
- Verify the record date of February 5, 2013, to ensure eligibility for the upcoming payment.
- Confirm the payment date of February 14, 2013.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the distribution increase.