Restaurant Brands International Inc. (TSE:QSR) Announces Quarterly Dividend of $0.78

Restaurant Brands International Inc. (TSE:QSR - Get Free Report) NYSE: QSR announced a quarterly dividend on Tuesday, April 30th, Zacks reports. Investors of record on Friday, June 21st will be given a dividend of 0.784 per share on Friday, July 5th. This represents a $3.14 annualized dividend and a yield of 3.11%. The ex-dividend date is Thursday, June 20th. This is a boost from Restaurant Brands International's previous quarterly dividend of $0.78.

Restaurant Brands International Price Performance

TSE:QSR traded down C$3.68 during trading hours on Wednesday, hitting C$100.76. The company's stock had a trading volume of 1,099,801 shares, compared to its average volume of 623,473. The stock has a fifty day simple moving average of C$104.14 and a 200-day simple moving average of C$100.98. The company has a market capitalization of C$31.57 billion, a P/E ratio of 19.72, a PEG ratio of 2.22 and a beta of 0.92. The company has a debt-to-equity ratio of 305.98, a current ratio of 1.01 and a quick ratio of 0.80. Restaurant Brands International has a twelve month low of C$84.73 and a twelve month high of C$112.12.

Restaurant Brands International (TSE:QSR - Get Free Report) NYSE: QSR last released its quarterly earnings data on Tuesday, February 13th. The company reported C$1.02 earnings per share for the quarter, beating the consensus estimate of C$0.99 by C$0.03. The business had revenue of C$2.48 billion for the quarter, compared to analyst estimates of C$2.44 billion. Restaurant Brands International had a return on equity of 38.19% and a net margin of 16.95%. On average, analysts anticipate that Restaurant Brands International will post 6.3812224 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Royal Bank of Canada increased their target price on Restaurant Brands International from C$81.00 to C$90.00 and gave the company an "outperform" rating in a research report on Wednesday, February 14th.

Insider Buying and Selling at Restaurant Brands International

In other Restaurant Brands International news, Director Naira Saeed sold 1,607 shares of the stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of C$108.81, for a total value of C$174,857.67. In other news, Senior Officer Matthew Dunnigan sold 46,701 shares of the firm's stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of C$75.55, for a total transaction of C$3,528,260.55. Also, Director Naira Saeed sold 1,607 shares of the firm's stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of C$108.81, for a total value of C$174,857.67. Over the last three months, insiders sold 154,525 shares of company stock worth $12,100,550. 1.46% of the stock is currently owned by insiders.

Restaurant Brands International Company Profile

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.