The Keg Royalties Income Fund Announces May 2013 Cash Distribution
May 09 2013 - 8:26PM
Marketwired Canada
The Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) today announced that its
May 2013 distribution of $0.08 cents per unit has been declared and is payable
to unitholders of record as at May 21, 2013. The May 2013 distribution will be
paid on May 31, 2013.
The Fund is a limited purpose, open-ended trust established under the laws of
Ontario. The Fund indirectly owns certain trademarks and other related
intellectual property used by Keg Restaurants Ltd. ("KRL") in its Keg
Steakhouses & Bars. In exchange for the use of those trademarks, KRL pays the
Fund a royalty equal to 4% of the sales of all Keg restaurants in the royalty
pool.
Vancouver-based Keg Restaurants Ltd. is the leading operator and franchisor of
steakhouse restaurants in Canada and has a substantial presence in select
regional markets in the United States. KRL continues to operate The Keg
restaurant system and expand that system through the addition of both corporate
and franchised Keg steakhouses. Keg Restaurants Ltd. has been named one of the
"50 Best Employers in Canada" by Aon Hewitt for the past ten years. For more
information on our brand visit www.kegsteakhouse.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
The Keg Royalties Income Fund
Karyn Byrne
Investor Relations
416-646-4960
karynb@kegrestaurants.com
www.kegincomefund.com
Keg Royalties Income (TSX:KEG.UN)
Historical Stock Chart
From Oct 2024 to Nov 2024
Keg Royalties Income (TSX:KEG.UN)
Historical Stock Chart
From Nov 2023 to Nov 2024
Real-Time news about Keg Royalties Income Fund (Toronto Stock Exchange): 0 recent articles
More The Keg Royalties Income Fund News Articles