Restaurant Brands International Inc. to Issue Quarterly Dividend of $0.65 (NYSE:QSR)

Restaurant Brands International Inc. (NYSE:QSRGet Free Report) (TSE:QSR) declared a quarterly dividend on Thursday, August 6th. Shareholders of record on Friday, September 18th will be paid a dividend of 0.65 per share by the restaurant operator on Friday, October 2nd. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date is Friday, September 18th.

Restaurant Brands International has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 10 consecutive years. Restaurant Brands International has a dividend payout ratio of 64.5% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Restaurant Brands International to earn $4.39 per share next year, which means the company should continue to be able to cover its $2.60 annual dividend with an expected future payout ratio of 59.2%.

Restaurant Brands International Stock Performance

Shares of NYSE:QSR traded down $1.54 during trading on Thursday, reaching $72.95. The stock had a trading volume of 4,312,561 shares, compared to its average volume of 3,294,823. The stock has a fifty day simple moving average of $73.79 and a two-hundred day simple moving average of $73.59. The company has a quick ratio of 0.90, a current ratio of 0.99 and a debt-to-equity ratio of 2.55. Restaurant Brands International has a 52 week low of $61.33 and a 52 week high of $81.96. The firm has a market capitalization of $25.48 billion, a price-to-earnings ratio of 25.69, a P/E/G ratio of 2.16 and a beta of 0.50.

Restaurant Brands International (NYSE:QSRGet Free Report) (TSE:QSR) last posted its quarterly earnings data on Thursday, August 6th. The restaurant operator reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.03. Restaurant Brands International had a return on equity of 32.80% and a net margin of 9.96%.The company had revenue of $2.52 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same period in the prior year, the business earned $0.94 earnings per share. Restaurant Brands International’s revenue for the quarter was up 4.6% compared to the same quarter last year. As a group, analysts anticipate that Restaurant Brands International will post 4.04 earnings per share for the current fiscal year.

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About Restaurant Brands International

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Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company formed through the combination of established brands. The company’s principal holdings include Burger King, Tim Hortons and Popeyes, each of which operates under its own brand identity and menu. Restaurant Brands International’s business is centered on developing and expanding these franchised restaurant systems, supporting franchisees with brand management, supply chain coordination, and marketing programs.

RBI’s restaurants offer a range of quick-service food and beverage products: Burger King is known for its flame-grilled hamburgers and sandwiches, Tim Hortons for coffee, baked goods and breakfast items, and Popeyes for Louisiana-style fried chicken and seafood.

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Dividend History for Restaurant Brands International (NYSE:QSR)

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