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BOSTON PIZZA ROYALTIES INCOME FUND ANNOUNCES DISTRIBUTION INCREASE AND SPECIAL CASH DISTRIBUTION

Newswire.ca - Thu Dec 8, 2022

VANCOUVER, BC, Dec. 8, 2022 /CNW/ - Boston Pizza Royalties Income Fund (the "Fund") (TSX: BPF.UN) announced today a cash distribution to unitholders of $0.102 per unit for November 2022 (the "November 2022 Distribution").  This is an increase of $0.002 per unit, or 2%, from the previous monthly rate of $0.100 per unit.  On an annualized basis, the new monthly distribution rate equates to $1.224 per unit compared to $1.200 per unit for the previous monthly distribution rate.  The Fund also announced today a special one-time cash distribution to unitholders of $0.085 per unit (the "Special Distribution").  Both the November 2022 Distribution and the Special Distribution will be paid on December 30, 2022 to unitholders of record at the close of business on December 21, 2022.

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