Restaurant Brands International Inc. (TSE:QSR – Free Report) (NYSE:QSR) announced a quarterly dividend on Thursday, August 8, Zacks reports. Investors of record on Friday, September 20 will receive a dividend of 0.801 per share on Friday, October 4. This represents an annualized dividend of $3.20 and a dividend yield of 3.31%. The ex-dividend date is Friday, September 20. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.78.
Restaurant Brands International share price development
QSR stock traded down C$2.05 during midday trading on Friday, reaching C$96.77. 580,203 shares traded hands, compared to an average volume of 753,926. Restaurant Brands International has a 52-week low of C$84.73 and a 52-week high of C$112.12. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 299.34. The company has a market cap of C$30.62 billion, a P/E ratio of 18.36, a PEG ratio of 2.22 and a beta of 0.93. The company has a 50-day moving average of CAD $96.32 and a 200-day moving average of CAD $100.27.
Restaurant Brands International (TSE:QSR – Free Report) (NYSE:QSR) last released its quarterly earnings results on Thursday, August 8. The company reported earnings per share (EPS) of C$1.18 for the quarter, beating the consensus estimate of C$1.17 by C$0.01. Restaurant Brands International had a return on equity of 38.68% and a net margin of 17.17%. The company had revenue of C$2.85 billion during the quarter, compared to analyst estimates of C$2.81 billion. As a group, equities analysts forecast that Restaurant Brands International will report earnings per share of C$6.3747521 for the current fiscal year.
Changes in analyst ratings
Separately, Goldman Sachs Group upgraded Restaurant Brands International’s rating to “strong buy” in a research report on Thursday, June 13.
Check out our latest analysis on Restaurant Brands International
Restaurant Brands International Company Profile
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Restaurant Brands International Inc. is 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 operates the TH chain of doughnut/coffee/tea restaurants that offer coffee blends, tea and hot and cold espresso-based specialty beverages, as well as fresh baked goods, including doughnuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups and other food items.
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