Restaurant Brands International (TSE:QSR) Director Vicente Tome Sells 2,258 Shares of Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Director Vicente Tome sold 2,258 shares of the firm’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of C$112.93, for a total value of C$254,995.94. Following the transaction, the director owned 13,264 shares in the company, valued at approximately C$1,497,903.52. This represents a 14.55% decrease in their position.

Restaurant Brands International Stock Up 0.3%

TSE:QSR traded up C$0.31 during mid-day trading on Friday, reaching C$110.91. The company’s stock had a trading volume of 498,281 shares, compared to its average volume of 1,090,627. Restaurant Brands International Inc. has a 1 year low of C$84.78 and a 1 year high of C$113.10. The stock has a fifty day moving average of C$106.00 and a 200-day moving average of C$104.01. The firm has a market capitalization of C$38.68 billion, a PE ratio of 29.89, a price-to-earnings-growth ratio of 2.22 and a beta of 0.31. The company has a quick ratio of 0.80, a current ratio of 1.01 and a debt-to-equity ratio of 406.52.

Restaurant Brands International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, July 7th were issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend was Tuesday, June 23rd. Restaurant Brands International’s dividend payout ratio (DPR) is 68.46%.

Restaurant Brands International Company Profile

Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton’s supply chain operations. Formed in 2014 after 3G Capital’s acquisition of Tim Horton’s International, the Restaurant Brands portfolio now includes Burger King (19,250 units), Tim Horton’s (5,300 units), and Popeyes Louisiana Kitchen (3,700 units).