Keg vs Sir Is it an accident that distributions have been set at 84 cents, the exact same as the Keg?
For the Keg, that equates to a yield of circa 5.55%. For Sir, it is 10.6%. While the Keg is perhaps a premium brand, that massive difference is not justified.
Meanwhile Pizza Pizza offers a yield of circa 6 per cent on 66 cents, and Boston Pizza circa 5.5 percent on 78 cents.
As Flamingogold says, it gets better because the expectation is that this distribution level will rise over time. I think a buck a unit is quite achievable and covered by sales levels in the quarter right before the pandemic.