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

Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR announced a quarterly dividend on Friday, March 21st, TickerTech Dividends reports. Stockholders of record on Friday, April 4th will be given a dividend of 0.62 per share on Friday, April 4th. This represents a $2.48 annualized dividend and a dividend yield of 2.58%. The ex-dividend date is Friday, March 21st.

Restaurant Brands International Trading Down 1.1 %

Shares of TSE:QSR traded down C$1.04 during mid-day trading on Friday, hitting C$96.27. The company had a trading volume of 2,339,316 shares, compared to its average volume of 885,246. The company has a market capitalization of C$21.86 billion, a PE ratio of 19.31, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The firm has a fifty day moving average price of C$92.17 and a 200 day moving average price of C$94.54. The company has a debt-to-equity ratio of 494.65, a current ratio of 1.02 and a quick ratio of 0.80. Restaurant Brands International has a one year low of C$86.06 and a one year high of C$108.94.

Insiders Place Their Bets

In other Restaurant Brands International news, Senior Officer Jill Granat sold 11,706 shares of Restaurant Brands International stock in a transaction 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, Senior Officer Iv Curtis Thomas Benjamin sold 23,000 shares of Restaurant Brands International stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of C$97.78, for a total transaction of C$2,249,018.20. Insiders have sold 101,088 shares of company stock valued at $9,524,563 in the last three months. 1.24% of the stock is currently owned by insiders.

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Analyst Ratings Changes

A number of analysts have commented on QSR shares. Guggenheim upgraded shares of Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 24th. Argus upgraded shares of Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. 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.

Restaurant Brands International Company Profile

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.