Toronto Stock Exchange: BPF.UN
VANCOUVER, BC, July 8, 2022
/CNW/ - Boston Pizza Royalties Income Fund (the "Fund")
(TSX: BPF.UN) announced today a cash distribution to unitholders of
$0.085 per unit for June
2022. The distribution will be paid on July 29, 2022 to unitholders of record at the
close of business on July 21,
2022. The Fund periodically reviews distribution levels based
on its policy of stable and sustainable distribution flow to
unitholders.
ABOUT US
The Fund is a limited purpose open ended trust with an
excellent track record for investors since its IPO in 2002.
Including the June 2022 distribution which is payable on
July 29, 2022, the Fund will have
paid out 234 monthly distributions and one special
distribution totaling $380.7 million
or $24.06 per Unit. The Fund
earns revenue based on the franchise system sales of the
383 Boston Pizza restaurants in the Fund's royalty
pool.
Boston Pizza International Inc. ("BPI") is
Canada's number one casual dining
brand. The Boston Pizza brand has served communities from
coast-to-coast for 58 years since opening its first restaurant
in Edmonton, Alberta in
1964. Today Boston Pizza proudly remains a Canadian company
with its hundreds of local franchise owners operating more dining
rooms, sports bars and patios than any other single brand in the
country, along with take-out and delivery. BPI has
been recognized both as a Franchisees' Choice Designation winner
and a Platinum Member of Canada's
50 Best Managed Companies for many years.
The trustees of the Fund have approved the contents of this news
release.
www.bpincomefund.com
® Boston Pizza Royalties Limited Partnership. All Boston Pizza
registered Canadian trademarks and unregistered Canadian trademarks
containing the words "Boston", "BP", and/or "Pizza" are trademarks
owned by the Boston Pizza Royalties Limited Partnership and
licensed by the Boston Pizza Royalties Limited Partnership to
Boston Pizza International Inc.
© Boston Pizza International Inc. 2022
SOURCE Boston Pizza Royalties Income Fund