A&W Revenue Royalties Income Fund Announces Special Cash Distribution and November Cash Distribution
November 02 2010 - 10:52AM
PR Newswire (Canada)
VANCOUVER, Nov. 2 /CNW/ -- VANCOUVER, Nov. 2 /CNW/ - A&W
Revenue Royalties Income Fund (the Fund) (TSX symbol AW.UN) today
declared a Special Distribution of 10 cents per trust unit.
The Special Distribution will be to unitholders of record at the
close of business on November 15, 2010 and will be payable on
November 30, 2010. For tax purposes, this distribution will
be a non-eligible dividend. The Fund also today declared its
regular monthly cash distribution of 10.6 cents per trust unit for
the period October 1 to October 31, 2010. The distribution will be
paid to unitholders of record at the close of business on November
15, 2010, and will be payable on November 30, 2010. For tax
purposes 8.958 cents per unit of this distribution will be other
taxable income and 1.642 cents per unit will be non-eligible
dividends. A&W Food Services of Canada Inc. (Food Services)
will also receive a special dividend of 10 cents per share and the
regular monthly dividend of 10.6 cents per share from A&W Trade
Marks Inc. (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 700 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. %SEDAR: 00017286E To view this news release
in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/November2010/02/c8156.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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