Key Points
- Director Vicente Tome sold 2,258 Restaurant Brands International shares at an average price of C$112.93, generating approximately C$255,000 and reducing his position by 14.55% to 13,264 shares.
- Restaurant Brands International shares opened at C$110.91, near their 52-week high of C$113.10, with a market capitalization of C$38.68 billion and a P/E ratio of 29.89.
- The company paid a quarterly dividend of C$0.65 per share, equivalent to C$2.60 annually and a 2.3% yield; its dividend payout ratio is 68.46%.
Restaurant Brands International Inc. (TSE:QSR - Get Free Report) (NYSE:QSR) Director Vicente Tome sold 2,258 shares of the stock in a transaction that occurred 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 completion of the sale, the director directly owned 13,264 shares of the company's stock, valued at approximately C$1,497,903.52. The trade was a 14.55% decrease in their position.
Restaurant Brands International Price Performance
TSE:QSR opened at C$110.91 on Friday. The stock has a market capitalization of C$38.68 billion, a PE ratio of 29.89, a P/E/G ratio of 2.22 and a beta of 0.31. Restaurant Brands International Inc. has a 1-year low of C$84.78 and a 1-year high of C$113.10. The firm has a fifty day simple moving average of C$106.00 and a 200 day simple moving average of C$104.01. The company has a current ratio of 1.01, a quick ratio of 0.80 and a debt-to-equity ratio of 406.52.
Restaurant Brands International Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, July 7th were given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis 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%.
About Restaurant Brands International
(
Get Free Report)
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).
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
