|Bid||26.27 x 1000|
|Ask||27.71 x 1000|
|Day's Range||26.34 - 26.91|
|52 Week Range||9.00 - 26.91|
|Beta (5Y Monthly)||1.40|
|PE Ratio (TTM)||9.81|
|Earnings Date||May 07, 2021|
|Forward Dividend & Yield||2.30 (8.83%)|
|Ex-Dividend Date||May 07, 2021|
|1y Target Est||21.00|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Cushing® Asset Management, LP, and Swank Capital, LLC, announce an upcoming interim change to the constituents of The Cushing® MLP Market Cap Index (the "Index"). On February 16, 2021, Index constituents Enable Midstream Partners, LP (NYSE: ENBL) and Energy Transfer LP (NYSE: ET) announced that they had entered into an Agreement and Plan of Merger that, if approved by at least a majority of ENBL common unitholders, would result in ENBL common units ceasing to be publicly traded. The parties subsequently announced that a majority of ENBL common unitholders have delivered written consents approving the Merger Agreement and, accordingly, the merger closing may occur as early as May 10, 2021. Per the Index's methodology guide, this event will result in a constituent replacement. Accordingly, after the market closes on May 7, 2021, and effective on May 10, 2021, Global Partners LP (NYSE: GLP) will replace ENBL as a constituent of the Index at ENBL's then-current weight.
Global Partners LP (NYSE: GLP) announced today that the Board of Directors of its general partner, Global GP LLC, has increased its quarterly cash distribution by $0.025 per unit to $0.5750 per unit ($2.30 per unit on an annualized basis) on all of its outstanding common units for the period from January 1 to March 31, 2021. The distribution will be paid May 14, 2021 to unitholders of record as of the close of business on May 10, 2021.