Restaurant Brands International Inc. (TSE:QSR) Senior Officer Iv Curtis Thomas Benjamin Sells 23,000 Shares

Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR Senior Officer Iv Curtis Thomas Benjamin sold 23,000 shares of Restaurant Brands International stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of C$97.78, for a total value of C$2,249,018.20.

Iv Curtis Thomas Benjamin also recently made the following trade(s):

• On Tuesday, February 25th, Iv Curtis Thomas Benjamin sold 23,350 shares of Restaurant Brands International stock. The shares were sold at an average price of C$92.06, for a total transaction of C$2,149,680.39.

Restaurant Brands International Trading Down 1.0 %

Shares of QSR traded down C$0.98 during trading hours on Tuesday, reaching C$95.09. The stock had a trading volume of 1,638,156 shares, compared to its average volume of 927,767. The company has a market cap of C$21.59 billion, a P/E ratio of 19.07, a P/E/G ratio of 2.22 and a beta of 0.95. Restaurant Brands International Inc. has a 52 week low of C$86.06 and a 52 week high of C$108.44. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 494.65. The firm has a 50-day moving average of C$92.34 and a 200 day moving average of C$94.55.

Restaurant Brands International Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, April 4th will be paid a dividend of $0.62 per share. The ex-dividend date is Friday, March 21st. This represents a $2.48 dividend on an annualized basis and a yield of 2.61%. Restaurant Brands International's payout ratio is 62.98%.

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Wall Street Analyst Weigh In

QSR has been the topic of a number of analyst reports. TD Cowen downgraded Restaurant Brands International from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 14th. Argus raised Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, March 19th. Finally, Guggenheim upgraded Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 24th.

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.