Joseph Patrick Doyle Sells 42,052 Shares of Restaurant Brands International Inc. (TSE:QSR) Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Joseph Patrick Doyle sold 42,052 shares of the stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of C$96.16, for a total value of C$4,043,728.73.

Restaurant Brands International Stock Up 0.9 %

Shares of TSE:QSR opened at C$97.59 on Tuesday. Restaurant Brands International Inc. has a 1 year low of C$90.21 and a 1 year high of C$112.12. The company has a debt-to-equity ratio of 322.48, a current ratio of 0.78 and a quick ratio of 0.80. The business’s 50-day moving average is C$96.70 and its 200-day moving average is C$96.14. The company has a market capitalization of C$31.59 billion, a price-to-earnings ratio of 17.74, a P/E/G ratio of 2.22 and a beta of 0.95.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last issued its quarterly earnings results on Tuesday, November 5th. The company reported C$1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.29 by C($0.02). The business had revenue of C$3.13 billion during the quarter, compared to analyst estimates of C$3.15 billion. Restaurant Brands International had a net margin of 16.99% and a return on equity of 37.74%. Equities research analysts predict that Restaurant Brands International Inc. will post 7.3241225 earnings per share for the current year.

Restaurant Brands International Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 3rd. Stockholders of record on Friday, December 20th will be issued a dividend of $0.785 per share. The ex-dividend date is Friday, December 20th. This represents a $3.14 annualized dividend and a dividend yield of 3.22%. Restaurant Brands International’s dividend payout ratio is currently 57.09%.

About Restaurant Brands International

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.