08:31 AM EDT, 05/31/2024 (MT Newswires) -- A&W Revenue Royalties Income Fund (AW-UN.TO) on Friday declared a cash distribution of 16 cents per trust unit for the period May 1-May 31.

The company will pay the dividend on June 28 to unit-holders of record as of June 15. The source of funds is a dividend from A&W Trade Marks.

A&W Food Services of Canada will also receive a similar dividend on its investment in Trade Marks.

The company said its Food Services segment also declared a $1 million dividend to its shareholder. Food Services also paid an eligible dividend worth $10 million to its shareholder.