VANCOUVER, Dec. 2, 2015
/CNW/ - A&W Revenue Royalties Income Fund (the Fund) (TSX
symbol AW.UN) today declared a cash distribution of 12.5 cents per trust unit for the period
November 1 to November 30, 2015. The
distribution will be paid to unitholders of record at the close of
business on December 15, 2015, and
will be payable on December 31, 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 814 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