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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Post by flamingogoldon May 11, 2021 12:42pm

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Post# 33174244

Keg will be a top choice post covid

How many will recoonect will family and friends again to celebrate the ending of covid at the Keg? I know among my circle the Keg will be the first choice to do this.

I expect dividend increases to kick in by this time next year. This may sound like a long way off but management will wait to make sure there is no 4th wave before upping distributions and make the same mistake of having to cut again. In the meantime, investors can capture capital gains while we wait.

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