Hi everyone today’s post is about a special distribution that was announced by one of the stocks I own. On December 18th The Keg Royalties Income Fund announced a special distribution of $0.03 per share that will be payable on Jan 31, 2019.
The Keg Royalties Income Fund operates as an unincorporated open-ended limited purpose trust. The company invests in The Keg Rights Limited Partnership, which owns the trademarks, trade names, operating procedures and systems, and other intellectual property used for the operation of Keg steakhouse restaurants and bars. It operates 103 Keg restaurants in Canada and the United States. The Keg Royalties Income Fund was founded in 2002 and is based in Richmond, Canada.
I currently own 299 shares of the stock and I will receive an additional $8.97 in income thanks to this decision.
Congrats to all of my fellow shareholders on receiving this special distribution. This will be my final post of 2018 so I would like to wish everyone a Happy New Year.
Thanks for reading!