Restaurant Brands International (TSE:QSR) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$105.51 and traded as high as C$108.81. Restaurant Brands International shares last traded at C$108.03, with a volume of 683,796 shares.

Restaurant Brands International Trading Up 0.5%

The stock has a market cap of C$38.07 billion, a PE ratio of 29.42, a PEG ratio of 2.22 and a beta of 0.36. The company’s fifty day moving average is C$105.65 and its 200-day moving average is C$103.68. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, July 7th were given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 2.4%. The ex-dividend date was Tuesday, June 23rd. Restaurant Brands International’s dividend payout ratio (DPR) is currently 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).