Restaurant Brands International Inc. (TSE:QSR) Plans 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 yield of 2.56%. The ex-dividend date of this dividend is Friday, March 21st.

Restaurant Brands International Stock Performance

Shares of Restaurant Brands International stock opened at C$97.02 on Wednesday. Restaurant Brands International has a one year low of C$86.06 and a one year high of C$110.24. The company has a market cap of C$22.03 billion, a price-to-earnings ratio of 19.46, a PEG ratio of 2.22 and a beta of 0.95. The company has a debt-to-equity ratio of 494.65, a quick ratio of 0.80 and a current ratio of 1.02. The business’s 50 day moving average price is C$91.70 and its 200 day moving average price is C$94.45.

Analysts Set New Price Targets

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

Insider Activity

In related news, Director Jonathan Domanko sold 446 shares of the stock in a transaction dated Friday, December 20th. The stock was sold at an average price of C$95.62, for a total transaction of C$42,646.52. Also, Senior Officer Jill Granat sold 11,706 shares of the stock in a transaction dated Friday, February 21st. The stock was sold at an average price of C$89.16, for a total value of C$1,043,712.81. Insiders have sold a total of 78,534 shares of company stock valued at $7,318,192 in the last quarter. Insiders own 1.24% of the company’s stock.

About Restaurant Brands International

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.