Restaurant Brands International Inc. (TSE:QSR) Declares Quarterly Dividend of $0.62

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) announced a quarterly dividend on Friday, March 21st, TickerTech Dividends reports. Shareholders of record on Friday, April 4th will be paid a dividend of 0.62 per share on Friday, April 4th. This represents a $2.48 annualized dividend and a yield of 2.56%. The ex-dividend date is Friday, March 21st.

Restaurant Brands International Trading Up 0.7 %

Shares of TSE:QSR opened at C$97.02 on Wednesday. The stock has a market capitalization of C$22.03 billion, a PE ratio of 19.46, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The company’s 50-day moving average price is C$91.70 and its two-hundred day moving average price is C$94.45. Restaurant Brands International has a one year low of C$86.06 and a one year high of C$110.24. The company has a debt-to-equity ratio of 494.65, a current ratio of 1.02 and a quick ratio of 0.80.

Insider Transactions at Restaurant Brands International

In other news, Senior Officer Jill Granat sold 11,706 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of C$89.16, for a total transaction of C$1,043,712.81. Also, Director Jonathan Domanko sold 446 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of C$95.62, for a total transaction of C$42,646.52. Over the last ninety days, insiders have sold 78,534 shares of company stock valued at $7,318,192. 1.24% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on QSR. Argus lowered shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 13th. Guggenheim upgraded shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 24th. Finally, TD Cowen lowered shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 14th.

About Restaurant Brands International

Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton’s supply chain operations.