Toronto Stock Exchange: BPF.UN
VANCOUVER, BC, Feb. 11,
2025 /CNW/ - Boston Pizza Royalties Income Fund
(the "Fund") (TSX: BPF.UN) announced today a cash
distribution to unitholders of $0.115
per unit for January 2025. The
distribution will be paid on February 28,
2025 to unitholders of record at the close of business on
February 21, 2025. 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 January 2025
distribution which is payable on February
28, 2025, the Fund will have paid out 265 monthly
distributions and three special distributions totaling $455.8 million or $27.57 per unit. The Fund earns
revenue based on the franchise system sales of the 372 Boston
Pizza restaurants in the Fund's royalty pool.
Boston Pizza is the premier casual dining brand in
Canada. The first Boston Pizza restaurant opened in
Edmonton, Alberta in 1964 and over
60 years later Boston Pizza proudly remains a 100% Canadian company
serving communities from coast-to-coast-to-coast. It boasts a vast
network of local franchise owners who collectively operate the
largest number of dining rooms, sports bars, and patios across the
nation, complemented by robust takeout and delivery services.
Boston Pizza International Inc. has been recognized as a
Franchisees' Choice Designation winner and a Platinum Member of
Canada's 50 Best Managed Companies
for many years, and has received awards from Great Place To Work in
the categories of Best Workplaces: in Canada – 100-999 Employees, in British Columbia, in Retail & Hospitality,
for Mental Wellness, for Women, for Giving Back, and with Most
Trusted Executive Teams.
The trustees of the Fund have approved the contents of this news
release.
www.bpincomefund.com
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®Boston
Pizza Royalties Limited Partnership. All Boston Pizza registered
Canadian trade-marks and unregistered Canadian trade-marks
containing the words "Boston", "BP", and/or "Pizza" are trade-marks
owned by the Boston Pizza Royalties Limited Partnership and
licensed by the Boston Pizza Royalties Limited Partnership to
Boston Pizza International Inc.
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SOURCE Boston Pizza Royalties Income Fund
