Business Context and Reporting Period
CrossAmerica Partners LP (CAPL) filed a Form 8-K on January 20, 2022, to disclose a quarterly distribution declaration. The filing pertains to the fourth quarter of 2021.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. The primary financial data point disclosed is the distribution rate.
- Quarterly Distribution: $0.5250 per unit
- Annualized Distribution: $2.10 per unit
- Record Date: February 3, 2022
- Payment Date: February 10, 2022
Material Changes
The declared distribution of $0.5250 per unit is consistent with the distribution paid for the third quarter of 2021. There are no material changes to the distribution rate compared to the prior comparable period.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future operations, or discussion of specific risks and contingencies beyond the standard Regulation FD disclosure language. The information is furnished solely to announce the distribution.
Investor Verification Checklist
- Verify the record date (February 3, 2022) to ensure eligibility for the upcoming payment.
- Confirm the payment date (February 10, 2022) for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any additional context not included in the 8-K summary.
- Note that this filing does not contain audited financial statements or operational performance data.