Boston Pizza Royalties Income Fund announced On February 13, 2024, the trustees of the Fund declared a distribution for the period of January 1, 2024 to January 31, 2024 of $0.113 per Unit, which will be payable on February 29, 2024 to Unitholders of record on February 21, 2024. This is an increase of $0.006 per unit, or 5.6%, from the previous monthly distribution rate of $0.107per unit. On an annualized basis, the new monthly distribution rate equates to $1.356per Unit compared to $1.284per Unit for the previously monthly distribution rate.

Including the January 2024 distribution, which will be paid on February 29, 2024, the Fund will have paid out total distributions of $425.2 million or $26.13 per Unit, which includes 253 monthly distributions and two special distributions.