A&W Revenue Royalties Income Fund Announces March 2011 Cash Distribution
March 02 2011 - 9:00AM
PR Newswire (Canada)
VANCOUVER, March 2 /CNW/ -- VANCOUVER, March 2 /CNW/ - A&W
Revenue Royalties Income Fund (the Fund) (TSX: AW.UN) today
declared a cash distribution of 11.7 cents per trust unit for the
period February 1 to February 28, 2011. The distribution will be
paid to unitholders of record at the close of business on March 15,
2011, and will be payable on March 31, 2011. 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 715
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. To view this
news release in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/March2011/02/c7125.html
pDon Lesliebr/ Chief Financial Officerbr/ 604-988-2141br/ Email: a
href="mailto:investorrelations@aw.ca"investorrelations@aw.ca/abr/ a
href="http://www.awincomefund.ca"www.awincomefund.ca/a/p
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