07:06 AM EST, 12/24/2024 (MT Newswires) -- The Keg Royalties Income Fund (KEG-UN.TO) late on Monday said it will pay a special cash dividend of $0.04 per unit to unitholders of record on Dec. 31.

The fund, which owns trademarks and other related intellectual property used by Keg Restaurants, will pay the dividend on Jan. 31.

"Impressive same store sales delivered by The Keg thus far have generated incremental royalty income to the fund," said Mr. Kip Woodward, Chairman of the fund.

In exchange for use of the trademarks, Keg Restaurants pays the fund a royalty of 4% of the gross sales of the restaurants included in the royalty pool.