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

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) announced a quarterly dividend on Friday, March 21st, TickerTech Dividends reports. Investors 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 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date of this dividend is Friday, March 21st.

Restaurant Brands International Stock Performance

Shares of Restaurant Brands International stock opened at C$97.02 on Wednesday. The company has a debt-to-equity ratio of 494.65, a current ratio of 1.02 and a quick ratio of 0.80. The firm has a market cap of C$22.03 billion, a P/E ratio of 19.46, a P/E/G ratio of 2.22 and a beta of 0.95. The firm has a 50 day simple moving average of C$91.70 and a 200 day simple moving average of C$94.45. Restaurant Brands International has a fifty-two week low of C$86.06 and a fifty-two week high of C$110.24.

Analyst Ratings Changes

A number of analysts have commented on QSR shares. TD Cowen lowered shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 14th. Argus lowered shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. Finally, Guggenheim raised shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a report on Friday, January 24th.

Insider Transactions at Restaurant Brands International

In other news, Director Jonathan Domanko sold 446 shares of Restaurant Brands International stock in a transaction on Friday, December 20th. The shares were sold at an average price of C$95.62, for a total transaction of C$42,646.52. Also, Senior Officer Duncan Stanley Allpress Fulton sold 27,500 shares of Restaurant Brands International stock in a transaction on Thursday, February 27th. The stock was sold at an average price of C$93.73, for a total transaction of C$2,577,575.00. Insiders have sold a total of 78,534 shares of company stock valued at $7,318,192 over the last three months. 1.24% of the stock is currently owned by corporate insiders.

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.