Industry News | March 3, 2009

A&W Announces February Results

Bookmark/Share this post with:
Email this story Email this story
Printer-friendly versionPrinter-friendly version

Read More About

A&W Revenue Royalties Income Fund (the Fund) (TSX symbol AW.UN) today declared a cash distribution of 10.6 cents per trust unit for the period February 1 to February 28, 2009. The distribution will be paid to unit holders of record at the close of business on March 15, 2009, and will be payable on March 31, 2009. For tax purposes 8.958 cents per unit of this distribution will be other taxable income and 1.642 cents per unit will be non-eligible dividends.

A&W Food Services of Canada Inc. (Food Services) will also receive 10.6 cents per share from A&W Trade Marks Inc. (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 percent of the sales of the 685 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.