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BOSTON PIZZA ROYALTIES INCOME FUND ANNOUNCES 1.8% INCREASE IN MONTHLY DISTRIBUTION RATE AND 7.5 CENT SPECIAL CASH DISTRIBUTION

Newswire.ca - Mon Dec 9, 2024

Toronto Stock Exchange: BPF.UN

VANCOUVER, BC, Dec. 9, 2024 /CNW/ - Boston Pizza Royalties Income Fund (the "Fund") (TSX: BPF.UN) announced today a cash distribution to unitholders of $0.115 per unit for November 2024 (the "November 2024 Distribution").  This is an increase of $0.002 per unit, or 1.8%, from the previous monthly rate of $0.113 per unit.  On an annualized basis, the new monthly distribution rate equates to $1.380 per unit compared to $1.356 per unit for the previous monthly distribution rate.  The Fund also announced today a special one-time cash distribution to unitholders of $0.075 per unit (the "Special Distribution").  Both the November 2024 Distribution and the Special Distribution will be paid on December 31, 2024 to unitholders of record at the close of business on December 21, 2024.

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