Restaurant Brands International Inc. (QSR) to Distribute Quarterly Dividend of $0.65 on October 2nd

Restaurant Brands International Inc. (NYSE:QSR – Get Free Report) (TSE:QSR) declared a quarterly dividend on Wednesday, August 5th. Investors 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) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Friday, September 18th.

Restaurant Brands International has raised its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 10 consecutive years. Restaurant Brands International has a payout ratio of 64.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Restaurant Brands International to earn $4.41 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 59.0%.

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Restaurant Brands International Stock Down 4.3%

Shares of NYSE QSR opened at $75.50 on Wednesday. Restaurant Brands International has a 12-month low of $62.85 and a 12-month high of $81.96. The stock’s fifty day simple moving average is $76.26 and its two-hundred day simple moving average is $75.50. The stock has a market capitalization of $26.33 billion, a PE ratio of 20.30, a price-to-earnings-growth ratio of 2.20 and a beta of 0.51. The company has a current ratio of 1.01, a quick ratio of 0.92 and a debt-to-equity ratio of 2.49.

Restaurant Brands International (NYSE:QSR – Get Free Report) (TSE:QSR) last posted its earnings results on Thursday, August 6th. The restaurant operator reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.03. 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 $2.52 billion. During the same quarter in the previous year, the firm earned $0.94 earnings per share. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. As a group, analysts expect that Restaurant Brands International will post 4.04 EPS for the current fiscal year.

Restaurant Brands International Company Profile

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Restaurant Brands International Inc (NYSE: QSR) is a global quick-service restaurant company that owns and operates a portfolio of well-known restaurant brands. Its principal brands are Burger King, Tim Hortons, Popeyes and Firehouse Subs, which serve products including hamburgers, chicken, sandwiches, coffee, baked goods and other prepared foods.

RBI primarily operates through a franchise-based business model, supporting independently owned and operated restaurants through brand management, restaurant development, marketing and supply-chain programs.

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