Canada NewsWire
VANCOUVER, May 3, 2017
VANCOUVER, May 3, 2017 /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 April 1 to April 30, 2017. The distribution will be paid to
unitholders of record at the close of business on May 15, 2017, and will be payable on May 31, 2017. 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.
Food Services also announced today that it has declared and paid dividends in the amount of $3.0
million to its shareholders. These dividends were paid out of Food Services' available working capital and are
separate and distinct from distributions declared by the Fund to unitholders of the Fund.
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 861 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
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