Restaurant Brands International (TSE:QSR) Director Vicente Tome Sells 2,258 Shares of Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Vicente Tome sold 2,258 shares of the company’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of C$112.93, for a total value of C$254,995.94. Following the completion of the sale, the director owned 13,264 shares in the company, valued at C$1,497,903.52. The trade was a 14.55% decrease in their position.

Restaurant Brands International Stock Performance

QSR stock traded up C$0.31 during trading on Friday, hitting C$110.91. 498,281 shares of the company traded hands, compared to its average volume of 1,090,627. Restaurant Brands International Inc. has a 1 year low of C$84.78 and a 1 year high of C$113.10. The company has a market cap of C$38.68 billion, a PE ratio of 29.89, a P/E/G ratio of 2.22 and a beta of 0.31. The stock’s 50-day simple moving average is C$106.00 and its 200 day simple moving average is C$104.01. The company has a debt-to-equity ratio of 406.52, a current ratio of 1.01 and a quick ratio of 0.80.

Restaurant Brands International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, July 7th were paid a dividend of $0.65 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $2.60 dividend on an annualized basis and a dividend yield of 2.3%. Restaurant Brands International’s dividend payout ratio (DPR) is presently 68.46%.

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. Formed in 2014 after 3G Capital’s acquisition of Tim Horton’s International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton’s (5,300 units), and Popeyes Louisiana Kitchen (3,700 units).