Restaurant Brands International Inc. (TSE:QSR) Declares $0.62 Quarterly Dividend

Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR declared a quarterly dividend on Tuesday, June 24th, TickerTech Dividends reports. Investors of record on Tuesday, July 8th will be given a dividend of 0.62 per share on Tuesday, July 8th. This represents a $2.48 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date is Tuesday, June 24th.

Restaurant Brands International Stock Performance

Shares of Restaurant Brands International stock traded down C$0.75 during trading on Wednesday, reaching C$89.09. The company's stock had a trading volume of 2,873,833 shares, compared to its average volume of 985,557. Restaurant Brands International has a one year low of C$83.32 and a one year high of C$102.78. 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 firm has a market cap of C$20.23 billion, a price-to-earnings ratio of 17.87, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The business's fifty day moving average price is C$93.23 and its 200-day moving average price is C$92.83.

Analyst Ratings Changes

A number of research analysts have recently commented on QSR shares. Argus raised shares of Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 19th. Scotiabank raised Restaurant Brands International to a "hold" rating in a research report on Wednesday, June 18th.

Insiders Place Their Bets

In related news, Senior Officer Jacqueline Friesner sold 70,000 shares of the company's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of C$96.71, for a total value of C$6,769,728.00. Also, Director Michele Keusch sold 2,500 shares of the stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of C$98.93, for a total value of C$247,330.50. In the last quarter, insiders have sold 75,615 shares of company stock valued at $7,325,533. 1.24% of the stock is currently owned by corporate insiders.

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.