VANCOUVER – Boston Pizza Royalties Income Fund (TSX:BPF.UN) says it will increase its monthly cash distributions to unitholders by seven per cent.
The new rate of 9.8 cents per unit, which goes into effect for the February distribution, was announced ahead of the fund’s financial report on Friday.
The previous rate was 9.2 cents per unit.
The fund receives royalties based on sales at 343 Boston Pizza restaurants across Canada.
Local news from metronews.ca/vancouver
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