Restaurant Brands International Inc. (TSE:QSR – Get Free Report) (NYSE:QSR) announced a quarterly dividend on Tuesday, June 24th, TickerTech Dividends reports. Stockholders of record on Tuesday, July 8th will be paid a dividend of 0.62 per share on Tuesday, July 8th. This represents a $2.48 annualized dividend and a dividend yield of 2.73%. The ex-dividend date is Tuesday, June 24th.
Restaurant Brands International Stock Performance
TSE:QSR opened at C$90.80 on Friday. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 494.65. The firm has a market capitalization of C$20.62 billion, a price-to-earnings ratio of 18.21, a PEG ratio of 2.22 and a beta of 0.95. The firm’s fifty day simple moving average is C$93.11 and its 200 day simple moving average is C$92.93. Restaurant Brands International has a twelve month low of C$83.32 and a twelve month high of C$102.78.
Analyst Ratings Changes
Several equities analysts recently weighed in on QSR shares. Scotiabank upgraded shares of Restaurant Brands International to a “hold” rating in a report on Wednesday. Argus upgraded shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 19th.
Insiders Place Their Bets
In related news, Director Vicente Tome sold 3,115 shares of the firm’s stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of C$99.03, for a total transaction of C$308,474.71. Also, Senior Officer Jacqueline Friesner sold 70,000 shares of the firm’s stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of C$96.71, for a total transaction of C$6,769,728.00. In the last 90 days, insiders sold 75,615 shares of company stock worth $7,325,533. 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.
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