Mr. Wes Bews reports
BOSTON PIZZA ROYALTIES INCOME FUND ANNOUNCES JUNE 2018 DISTRIBUTION
Boston Pizza Royalties Income Fund has declared a cash distribution to unitholders of 11.5 cents per unit for June, 2018. The distribution will be paid on July 31, 2018, to unitholders of record at the close of business on July 21, 2018. The fund periodically reviews distribution levels based on its policy of stable and sustainable distribution flow to unitholders.
About Boston Pizza Royalties Income Fund
The fund is a limited-purpose open-ended trust with an excellent record for investors since its initial public offering in 2002. Including the June, 2018, distribution which is payable on July 31, 2018, the fund has delivered 18 distribution increases and 192 consecutive monthly distributions to unitholders totalling $291.7-million or $19.95 per unit since 2002. The fund earns revenue based on the franchise system sales from the 391 Boston Pizza restaurants included in the fund's royalty pool.
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