CrossAmerica Partners LP 8-K
Research Summary
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CrossAmerica Partners LP Announces Q1 2026 Quarterly Distribution
What Happened
- CrossAmerica Partners LP announced that the Board of Directors of CrossAmerica GP LLC approved a quarterly distribution of $0.5250 per unit attributable to the first quarter of 2026 (annualized $2.10 per unit). The distribution is payable on May 14, 2026 to unitholders of record as of May 4, 2026. The announcement was made via a press release furnished as Exhibit 99.1 to the Form 8-K and is being furnished under Regulation FD.
Key Details
- Distribution amount: $0.5250 per unit for Q1 2026 (annualized $2.10 per unit).
- Approval: By the Board of Directors of CrossAmerica GP LLC, the Partnership's general partner.
- Record and payment dates: Record date May 4, 2026; payment date May 14, 2026.
- Filing note: Information furnished under Regulation FD; not deemed “filed” for purposes of Section 18 of the Exchange Act and not incorporated by reference into registration statements.
Why It Matters
- For unitholders, the announced distribution is the immediate cash return and sets the quarterly payout level consistent with Q4 2025, which helps investors assess expected near-term income.
- The filing confirms the partnership’s current cash distribution policy for Q1 2026 and provides concrete dates and amounts for planning income and tax considerations.
- Because the disclosure is furnished under Regulation FD (not “filed” for Section 18), it is intended to inform the market but is subject to the limitations described in the Form 8-K.
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