Vicente Tome Sells 2,258 Shares of Restaurant Brands International (TSE:QSR) Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Vicente Tome sold 2,258 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of C$112.93, for a total transaction of C$254,995.94. Following the transaction, the director owned 13,264 shares in the company, valued at approximately C$1,497,903.52. This trade represents a 14.55% decrease in their ownership of the stock.

Restaurant Brands International Price Performance

QSR stock opened at C$110.91 on Monday. The company has a fifty day moving average price of C$106.00 and a 200 day moving average price of C$104.10. Restaurant Brands International Inc. has a 12 month low of C$84.78 and a 12 month high of C$113.10. The company has a market cap of C$38.68 billion, a price-to-earnings ratio of 29.89, a price-to-earnings-growth ratio of 2.22 and a beta of 0.31. The company has a debt-to-equity ratio of 406.52, a current ratio of 1.01 and a quick ratio of 0.80.

Restaurant Brands International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, July 7th were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Tuesday, June 23rd. Restaurant Brands International’s dividend payout ratio is presently 68.46%.

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. 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).