Restaurant Brands International Inc. (TSE:QSR) Increases Dividend to $0.65 Per Share

Restaurant Brands International Inc. (TSE:QSRGet Free Report) (NYSE:QSR) announced a quarterly dividend on Thursday, March 19th, TickerTech Dividends reports. Investors of record on Thursday, April 2nd will be given a dividend of 0.65 per share on Thursday, April 2nd. This represents a c) annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Thursday, March 19th. This is a 4.8% increase from Restaurant Brands International’s previous quarterly dividend of $0.62.

Restaurant Brands International Price Performance

Restaurant Brands International stock opened at C$102.03 on Tuesday. Restaurant Brands International has a 1 year low of C$83.32 and a 1 year high of C$102.75. The company has a debt-to-equity ratio of 478.23, a quick ratio of 0.80 and a current ratio of 0.98. The firm has a 50 day moving average price of C$95.15 and a 200 day moving average price of C$94.37. The company has a market cap of C$35.34 billion, a price-to-earnings ratio of 43.42, a PEG ratio of 2.22 and a beta of 0.37.

Restaurant Brands International (TSE:QSRGet Free Report) (NYSE:QSR) last posted its quarterly earnings results on Thursday, February 12th. The company reported C$1.32 earnings per share for the quarter. Restaurant Brands International had a net margin of 8.23% and a return on equity of 23.08%. The company had revenue of C$3.38 billion for the quarter. Sell-side analysts predict that Restaurant Brands International will post 7.3241225 earnings per share for the current year.

Analyst Ratings Changes

QSR has been the topic of several research reports. Argus raised Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 2nd. Piper Sandler raised Restaurant Brands International from a “hold” rating to an “overweight” rating and set a C$84.00 price target for the company in a research report on Sunday, March 1st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$84.00.

View Our Latest Stock Report on Restaurant Brands International

Restaurant Brands International Company Profile

(Get Free Report)

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. Formed in 2014 after 3G Capital’s acquisition of Tim Horton’s International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton’s (5,300 units), and Popeyes Louisiana Kitchen (3,700 units).

Further Reading

Dividend History for Restaurant Brands International (TSE:QSR)

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