Restaurant Brands International Inc. (QSR) to Issue Quarterly Dividend of $0.65 on July 7th

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) announced a quarterly dividend on Tuesday, May 5th. Investors of record on Tuesday, June 23rd will be paid a dividend of 0.65 per share by the restaurant operator on Tuesday, July 7th. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Tuesday, June 23rd.

Restaurant Brands International has increased its dividend 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% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Restaurant Brands International to earn $4.45 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 58.4%.

Restaurant Brands International Stock Down 0.1%

Shares of QSR opened at $73.38 on Friday. The company’s 50-day moving average price is $76.35 and its 200 day moving average price is $72.62. Restaurant Brands International has a 12-month low of $61.33 and a 12-month high of $81.96. The company has a current ratio of 0.99, a quick ratio of 0.90 and a debt-to-equity ratio of 2.55. The firm has a market cap of $25.49 billion, a P/E ratio of 25.84, a price-to-earnings-growth ratio of 1.90 and a beta of 0.49.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last announced its earnings results on Wednesday, May 6th. The restaurant operator reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.03. Restaurant Brands International had a net margin of 9.96% and a return on equity of 32.80%. The company had revenue of $2.26 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter last year, the firm posted $0.75 earnings per share. Restaurant Brands International’s revenue was up 7.3% compared to the same quarter last year. On average, sell-side analysts forecast that Restaurant Brands International will post 4.07 earnings per share for the current year.

About Restaurant Brands International

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.