Mr. Neil Maclean reports
THE KEG ROYALTIES INCOME FUND ANNOUNCES OCTOBER 2019 CASH DISTRIBUTION
Keg Royalties Income Fund has declared its October, 2019, distribution of 9.46 cents per unit, payable to unitholders of record as at Oct. 21, 2019. The October, 2019, distribution will be paid on Oct. 31, 2019.
The fund is a limited-purpose, open-ended trust established under the laws of the Province of Ontario that, through the Keg Rights LP, a subsidiary of the fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. In exchange for use of those trademarks, KRL pays the fund a royalty of 4 per cent of gross sales of Keg restaurants included in the royalty pool.
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