KEG Royalties Income Fund T.KEG.UN

Alternate Symbol(s): KRIUF

Consumer Cyclical Restaurants

The Keg Royalties Income Fund (the Fund) is a limited-purpose open-ended trust. The Fund’s objective is to provide consistent monthly distributions to unitholders at the highest sustainable level. The Fund, through its subsidiary The Keg Rights Limited Partnership (the Partnership), purchased The Keg trademarks and other related intellectual property (the Keg Rights) from Keg Restaurants Ltd. (KRL). The business of the Partnership is the ownership of the Keg Rights and, through a License and Royalty Agreement with KRL to exploit the use of the Keg Rights and the collection of the royalty payable under the License and Royalty Agreement equal to 4% of gross sales of Keg restaurants included in a specific pool (the Royalty Pool). KRL’s principal activity is the operation and franchising of Keg steakhouse and bar restaurants in Canada and the United States. The Keg GP Ltd. is the general partner of the partnership and administrator of the Fund.

TSX:KEG.UN - Post by User

KEG Royalties Income Fund

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Comment by flamingogoldon Apr 14, 2020 10:49am

152 Views

Post# 30907266

RE:RE:RE:RE:RE:Temporary dividend suspension coming soon

$1 for the most iconic Canadian steak house brand? Foolish thinking.

The next 6 months will be tough but once the economy begins to open again, the best brands and the ones with the strongest balance sheets will be there to outlive this crises. The weak will not survive and unfortunately many mom and pops will never reopen.

argon12 wrote: Yes this will cut 100%, just like a&amp;w did. no reason to own stock. Very litttle in the way if assets. you will likely be able to buy at a$1.00 soon. all restaurants are closed= no distributions. get out while you still can and sit on cash. dont let your broker to tell you to wait it out.

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