A and W Revenue Royalties Income Fund (AW) Plans Dividend Increase – $0.14 Per Share

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A and W Revenue Royalties Income Fund (TSE:AW) declared a monthly dividend on Tuesday, November 6th, Zacks reports. Shareholders of record on Thursday, November 15th will be given a dividend of 0.143 per share on Friday, November 30th. This represents a $1.72 annualized dividend and a yield of 5.28%. The ex-dividend date is Wednesday, November 14th. This is a positive change from A and W Revenue Royalties Income Fund’s previous monthly dividend of $0.14.

TSE AW traded up C$0.05 on Friday, hitting C$32.50. 3,774 shares of the company’s stock were exchanged, compared to its average volume of 18,502. A and W Revenue Royalties Income Fund has a fifty-two week low of C$28.36 and a fifty-two week high of C$41.70.

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A and W Revenue Royalties Income Fund Company Profile

A&W Revenue Royalties Income Fund (the Fund) is a limited purpose trust. The Fund invests in A&W Trade Marks Inc (Trade Marks), which through its ownership interest in the A&W Trade Marks Limited Partnership (Partnership), owns the A&W trade-marks used in the A&W quick service restaurant business in Canada.

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Dividend History for A and W Revenue Royalties Income Fund (TSE:AW)

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