Restaurant Brands International Inc. (NYSE:QSR) Shareholders to Receive $0.65 Quarterly Dividend

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) announced a quarterly dividend on Thursday, October 29th. Stockholders of record on Tuesday, December 22nd will be paid a dividend of $0.65 per share by the restaurant operator on Tuesday, January 5th. This represents a $2.60 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Tuesday, December 22nd.

Restaurant Brands International has a dividend payout ratio of 64.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Restaurant Brands International to earn $4.43 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 58.7%.

Restaurant Brands International Price Performance

Shares of Restaurant Brands International stock traded down $1.40 during trading on Thursday, hitting $73.12. 5,502,610 shares of the company’s stock traded hands, compared to its average volume of 3,179,137. The company has a market cap of $25.50 billion, a PE ratio of 19.66, a PEG ratio of 2.12 and a beta of 0.52. The firm’s fifty day moving average price is $74.85 and its 200 day moving average price is $73.90. Restaurant Brands International has a twelve month low of $64.52 and a twelve month high of $81.96. The company has a debt-to-equity ratio of 2.49, a current ratio of 1.01 and a quick ratio of 0.92.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings data on Thursday, October 29th. The restaurant operator reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.02. Restaurant Brands International had a return on equity of 33.43% and a net margin of 13.12%. The company had revenue of $2.52 billion for the quarter, compared to analyst estimates of $2.55 billion. During the same period in the prior year, the company posted $1.03 EPS. The company’s revenue was up 3.1% compared to the same quarter last year. Analysts forecast that Restaurant Brands International will post 4.04 earnings per share for the current year.

Restaurant Brands International Company Profile

Restaurant Brands International Inc (NYSE:QSR) is a global quick-service restaurant company that owns and operates a portfolio of restaurant brands, primarily through franchised and licensed locations. Its brands include Tim Hortons, Burger King, Popeyes and Firehouse Subs, which serve coffee, baked goods, burgers, chicken, sandwiches and other prepared foods.

The company was formed in 2014 through the merger of Burger King Worldwide and Tim Hortons. RBI expanded its portfolio through the acquisition of Popeyes Louisiana Kitchen in 2017 and Firehouse Restaurant Group in 2021.