A&W Revenue Royalties Income Fund Announces November 2012 Cash Distribution
VANCOUVER, Nov. 2, 2012 /CNW/ - A&W Revenue Royalties Income Fund (the Fund)
(TSX symbol AW.UN) today declared a cash distribution of 11.7 cents per trust
unit for the period October 1 to October 31, 2012. The distribution will be
paid to unitholders of record at the close of business on November 15, 2012,
and will be payable on November 30, 2012. This distribution will be taxed as a
non-eligible dividend, as the source of funds to pay the distribution is a
dividend from A&W Trade Marks Inc. (Trade Marks).
A&W Food Services of Canada Inc. (Food Services) will also receive a similar
dividend from Trade Marks on its investment in Trade Marks.
Launched on February 15, 2002, the Fund, through its investment in Trade
Marks, is entitled to receive royalties from Food Services in the amount of 3%
of the sales of the 737 A&W restaurants in the Royalty Pool. Cash
distributions are paid monthly. A&W is the second largest quick-service
hamburger restaurant chain in Canada. Operating coast-to-coast, A&W
restaurants feature famous trade-marked menu items such as The Burger Family,
Chubby Chicken and A&W Root Beer.
Don Leslie Chief Financial Officer 604-988-2141
SOURCE: A&W Revenue Royalties Income Fund
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CO: A&W Food Services of Canada Inc.
ST: British Columbia
NI: FBR FOD RES DIV FND FLOWS
-0- Nov/02/2012 16:03 GMT
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