A&W Revenue Royalties Income Fund (the Fund) (TSX: AW.UN) today declared a cash distribution of 16.0 cents per trust unit for the period February 1 to February 28, 2023. The distribution will be paid to unitholders of record at the close of business March 15, 2023 and will be payable on March 31, 2023. 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").
Royalty income increased by 10.8% year over year and by 8.4% in Q4 2022.
In conjunction with the release of its Fourth Quarter 2022 Financial Results, the A&W Revenue Royalties Income Fund (AW.UN) will host a conference call at 1:00 p.m. Pacific Time, (4:00 p.m. Eastern Time) on Wednesday, March 1, 2023.