FinancialContent is the trusted provider of stock market information to the media industry.
The Keg Royalties Income Fund Announces June 2013 Cash Distribution
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/12/13 -- The Keg Royalties Income Fund (the "Fund") (TSX: KEG.UN) today announced that its June 2013 distribution of $0.08 cents per unit has been declared and is payable to unitholders of record as at June 21, 2013. The June 2013 distribution will be paid on June 28, 2013.
The Fund is a limited purpose, open-ended trust established under the laws of Ontario. The Fund indirectly owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. ("KRL") in its Keg Steakhouses & Bars. In exchange for the use of those trademarks, KRL pays the Fund a royalty equal to 4% of the sales of all Keg restaurants in the royalty pool.
Vancouver-based Keg Restaurants Ltd. is the leading operator and franchisor of steakhouse restaurants in Canada and has a substantial presence in select regional markets in the United States. KRL continues to operate The Keg restaurant system and expand that system through the addition of both corporate and franchised Keg steakhouses. Keg Restaurants Ltd. has been named one of the "50 Best Employers in Canada" by Aon Hewitt for the past ten years. For more information on our brand visit www.kegsteakhouse.com.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here