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VANCOUVER, Nov. 2 /CNW/ --
VANCOUVER, Nov. 2 /CNW/ - A&W Revenue Royalties Income Fund (the Fund)
(TSX symbol AW.UN) today declared a Special Distribution of 10 cents
per trust unit. The Special Distribution will be to unitholders of
record at the close of business on November 15, 2010 and will be
payable on November 30, 2010. For tax purposes, this distribution will
be a non-eligible dividend.
The Fund also today declared its regular monthly cash distribution of
10.6 cents per trust unit for the period October 1 to October 31, 2010.
The distribution will be paid to unitholders of record at the close of
business on November 15, 2010, and will be payable on November 30,
2010. 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 a
special dividend of 10 cents per share and the regular monthly dividend
of 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% of the sales of the 700 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.
%SEDAR: 00017286E
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/November2010/02/c8156.html
pDon Lesliebr/ Chief Financial Officerbr/ 604-988-2141br/ Email: a href="mailto:investorrelations@aw.ca"investorrelations@aw.ca/abr/ a href="http://www.awincomefund.ca"www.awincomefund.ca/a/p