Jill Granat Sells 10,613 Shares of Restaurant Brands International Inc. (TSE:QSR) Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Senior Officer Jill Granat sold 10,613 shares of the company’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of C$99.98, for a total value of C$1,061,111.09.

Restaurant Brands International Stock Down 0.4 %

Shares of TSE:QSR opened at C$98.43 on Friday. The stock has a 50-day simple moving average of C$97.44 and a 200-day simple moving average of C$96.08. The stock has a market capitalization of C$31.86 billion, a P/E ratio of 17.97, a PEG ratio of 2.22 and a beta of 0.95. Restaurant Brands International Inc. has a 1 year low of C$90.21 and a 1 year high of C$112.12. The company has a debt-to-equity ratio of 322.48, a quick ratio of 0.80 and a current ratio of 0.78.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last announced its quarterly earnings results on Tuesday, November 5th. The company reported C$1.27 earnings per share for the quarter, missing analysts’ consensus estimates of C$1.29 by C($0.02). Restaurant Brands International had a net margin of 16.99% and a return on equity of 37.74%. The business had revenue of C$3.13 billion for the quarter, compared to analyst estimates of C$3.15 billion. Equities analysts forecast that Restaurant Brands International Inc. will post 7.3241225 earnings per share for the current year.

Restaurant Brands International Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 3rd. Investors of record on Friday, December 20th will be issued a $0.785 dividend. The ex-dividend date is Friday, December 20th. This represents a $3.14 annualized dividend and a yield of 3.19%. Restaurant Brands International’s dividend payout ratio is currently 57.09%.

About Restaurant Brands International

Restaurant Brands International Inc operates as 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 franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.