Restaurant Brands International Inc. (TSE:QSR) Raises Dividend to $0.65 Per Share

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) declared a quarterly dividend on Thursday, March 19th, TickerTech Dividends reports. Stockholders of record on Thursday, April 2nd will be given a dividend of 0.65 per share on Thursday, April 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Thursday, March 19th. This is a 4.8% increase from Restaurant Brands International’s previous quarterly dividend of $0.62.

Restaurant Brands International Stock Up 2.3%

Shares of TSE:QSR opened at C$102.03 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 0.98 and a debt-to-equity ratio of 478.23. The company has a market capitalization of C$35.34 billion, a P/E ratio of 43.42, a P/E/G ratio of 2.22 and a beta of 0.37. Restaurant Brands International has a 52-week low of C$83.32 and a 52-week high of C$102.75. The stock’s fifty day simple moving average is C$95.15 and its 200-day simple moving average is C$94.37.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last posted its quarterly earnings data on Thursday, February 12th. The company reported C$1.32 EPS for the quarter. The firm had revenue of C$3.38 billion during the quarter. Restaurant Brands International had a return on equity of 23.08% and a net margin of 8.23%. As a group, equities research analysts forecast that Restaurant Brands International will post 7.3241225 earnings per share for the current fiscal year.

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).