A&W Revenue Royalties Income Fund Announces February 2011 Cash Distribution
February 02 2011 - 11:04AM
PR Newswire (Canada)
VANCOUVER, Feb. 2 /CNW/ -- VANCOUVER, Feb. 2 /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 January 1 to January 31, 2011. The distribution will be paid
to unitholders of record at the close of business on February 15,
2011, and will be payable on February 28, 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/February2011/02/c7324.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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