Stock Name: AW.UN
Amount: CAD 0.117
Announcement Date: 01/09/2011
Record Date: 13/09/2011
Dividend Detail:
VANCOUVER, Sept. 1, 2011 /CNW/ - A&W Revenue Royalties Income Fund (the
Fund) (TSX symbol AW.UN) today declared a cash distribution of 11.7
cents per trust unit for the period August 1 to August 31, 2011. The
distribution will be paid to unitholders of record at the close of
business on September 15, 2011, and will be payable on September 30,
2011. 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 715 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.
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