Restaurant Brands International Inc. (TSE:QSR) to Issue Quarterly Dividend of $0.79


Restaurant Brands International Inc. (TSE:QSR) to Issue Quarterly Dividend of $0.79

Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR declared a quarterly dividend on Tuesday, November 5th, Zacks reports. Stockholders of record on Friday, December 20th will be paid a dividend of 0.785 per share on Friday, January 3rd. This represents a $3.14 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date of this dividend is Friday, December 20th.

Shares of Restaurant Brands International stock traded down C$0.02 during midday trading on Wednesday, hitting C$94.34. The company had a trading volume of 49,082 shares, compared to its average volume of 814,921. The stock has a market cap of C$30.54 billion, a PE ratio of 17.16, a P/E/G ratio of 2.22 and a beta of 0.95. Restaurant Brands International has a 1-year low of C$90.21 and a 1-year high of C$112.12. The business's 50 day simple moving average is C$95.87 and its two-hundred day simple moving average is C$96.57. The company has a debt-to-equity ratio of 322.48, a current ratio of 0.78 and a quick ratio of 0.80.

Restaurant Brands International (TSE:QSR - Get Free Report) NYSE: QSR last posted its quarterly earnings data on Tuesday, November 5th. The company reported C$1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of C$1.29 by C($0.02). Restaurant Brands International had a return on equity of 37.74% and a net margin of 16.99%. The company had revenue of C$3.13 billion for the quarter, compared to the consensus estimate of C$3.15 billion. As a group, equities analysts predict that Restaurant Brands International will post 7.3241225 EPS for the current fiscal year.

In other news, Senior Officer Axel Schwan sold 36,000 shares of the stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of C$70.47, for a total value of C$2,536,988.40. 1.24% of the stock is owned by insiders.

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.

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