Arctic Glacier Income Fund has announced its latest cash distribution.

The fund said yesterday (16 January) that it will make a distribution this month of CAD$0.0917 (US$0.0898) per trust unit.

The distribution will be payable on 15 February to unitholders of record at the close of business on 31 January. The fund's current annual cash distribution rate is $1.10 per unit.

Holders of units who are non-residents of Canada will be subject to withholding taxes in respect of any distributions by Arctic Glacier Income Fund.

Arctic Glacier Income Fund, through its operating company, Arctic Glacier Inc., is a producer, marketer and distributor of packaged ice in North America under the brand name of Arctic Glacier Premium Ice. The company operates 37 production plants and 52 distribution facilities across Canada and the north-east, central and western US servicing over 70,000 retail accounts.

Arctic Glacier Income Fund trust units are listed on the Toronto Stock Exchange under the trading symbol AG.UN. There are 38.9m trust units outstanding.