A&W Revenue Royalties Income Fund Announces August 2016 Cash Distribution

VANCOUVER, Aug. 3, 2016 /CNW/ - A&W Revenue Royalties Income Fund (the Fund) (TSX symbol AW.UN) today declared a cash distribution of 13.3 cents per trust unit for the period July 1 to July 31, 2016.  The distribution will be paid to unitholders of record at the close of business on August 15, 2016, and will be payable on August 31, 2016.  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 838 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

For further information: Don Leslie, Chief Financial Officer, 604-988-2141, Email: investorrelations@aw.ca, www.awincomefund.ca


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890