Restaurant Brands International Inc. (TSE:QSR) to Issue Quarterly Dividend of $0.62

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) declared a quarterly dividend on Friday, March 21st, TickerTech Dividends reports. Investors of record on Friday, April 4th will be paid a dividend of 0.62 per share on Friday, April 4th. This represents a $2.48 dividend on an annualized basis and a dividend yield of 2.56%. The ex-dividend date is Friday, March 21st.

Restaurant Brands International Stock Up 0.7 %

Shares of TSE QSR opened at C$97.02 on Wednesday. The company has a debt-to-equity ratio of 494.65, a quick ratio of 0.80 and a current ratio of 1.02. Restaurant Brands International has a 52 week low of C$86.06 and a 52 week high of C$110.24. The stock has a market capitalization of C$22.03 billion, a P/E ratio of 19.46, a PEG ratio of 2.22 and a beta of 0.95. The stock’s fifty day moving average is C$91.70 and its 200 day moving average is C$94.45.

Analysts Set New Price Targets

A number of research analysts recently commented on QSR shares. Guggenheim upgraded Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th. Argus cut Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 13th. Finally, TD Cowen cut Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 14th.

Insider Buying and Selling at Restaurant Brands International

In other news, Senior Officer Sami Siddiqui sold 9,929 shares of Restaurant Brands International stock in a transaction dated 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, Director Jonathan Domanko sold 2,817 shares of Restaurant Brands International stock in a transaction dated Friday, March 7th. The shares were sold at an average price of C$98.90, for a total value of C$278,601.30. Insiders have sold a total of 78,534 shares of company stock worth $7,318,192 over the last 90 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.