$0.4875 Dividend declared. Approx. 19%, Darn good IMHO.
This is by far my best investment ever.
Global Partners Announces Quarterly Cash Distribution for the Third Quarter of 2008 Wednesday 10/22/2008 8:30 AM ET - Businesswire
As of 3:05 PM ET 10/28/08 Global Partners LP (NYSE: GLP) today announced that the Board of Directors of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.4875 per unit ($1.95 per unit on an annualized basis) on all of its outstanding common and subordinated units for the period from July 1 through September 30, 2008. The distribution will be paid November 14, 2008 to unitholders of record as of the close of business November 5, 2008.
This country runs on fossil fuel. I don't care what Obama thinks, it runs on oil. There is nothing he can do to change that, except tax the hell out of it. In that case he kills the economy. I just keep waiting on him to come out with his invention that will eliminate oil. Ever since Nixon, every president elected was going to make us energy independant. I'm still waiting, its only been 40 years. I will not live long enough to see us energy independant.