A&W Revenue Royalties Income Fund reports Q3 profit up, raises distributions

An A&W restaurant in Toronto is photographed on Monday, July 9, 2018. THE CANADIAN PRESS/ Tijana Martin

 TIJ

VANCOUVER - A&W Revenue Royalties Income Fund has raised its monthly payment to unitholders as it reported its third-quarter profit and royalty income rose compared with a year ago.

The hamburger chain says it will now pay a monthly distribution of 16 cents per unit, up from 15.5 cents per unit, starting with its October distribution that is payable Nov. 30.

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