Restaurant Brands International Inc. (QSR) to Issue Quarterly Dividend of $0.62 on April 4th

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 given 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 of this dividend is Friday, March 21st.

Restaurant Brands International Stock Up 0.7 %

Shares of QSR opened at C$97.02 on Wednesday. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 494.65. Restaurant Brands International has a 12 month low of C$86.06 and a 12 month high of C$110.24. The stock’s 50 day moving average is C$91.70 and its two-hundred day moving average is C$94.45. The firm has a market cap of C$22.03 billion, a P/E ratio of 19.46, a PEG ratio of 2.22 and a beta of 0.95.

Analysts Set New Price Targets

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

Insider Transactions at Restaurant Brands International

In related news, Senior Officer Sami Siddiqui sold 9,929 shares of Restaurant Brands International stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of C$97.92, for a total transaction of C$972,247.68. Also, Senior Officer Duncan Stanley Allpress Fulton sold 27,500 shares of Restaurant Brands International stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of C$93.73, for a total value of C$2,577,575.00. Insiders have sold 78,534 shares of company stock valued at $7,318,192 over the last ninety days. Insiders own 1.24% of the company’s stock.

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.