VANCOUVER, Dec. 16, 2014 /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 December 1 to December
31, 2014. The distribution will be paid to unitholders of
record at the close of business on December
31, 2014, and will be payable on January 30, 2015. 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 790 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.
SOURCE A&W Revenue Royalties Income Fund