VANCOUVER, April 4 /CNW/ - A&W Revenue Royalties Income Fund (the Fund)
(TSX: AW.UN) today declared a cash distribution of 11.7 cents per trust
unit for the period March 1 to March 31, 2011. The distribution will be
paid to unitholders of record at the close of business on April 15,
2011, and will be payable on April 29, 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.
For further information:
Chief Financial Officer