Restaurant Brands International (TSE:QSR) Hits New 1-Year High – What’s Next?

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$113.10 and last traded at C$111.72, with a volume of 27560 shares trading hands. The stock had previously closed at C$111.11.

Restaurant Brands International Trading Up 0.6%

The stock has a fifty day moving average of C$104.87 and a 200 day moving average of C$102.97. The company has a debt-to-equity ratio of 406.52, a quick ratio of 0.80 and a current ratio of 1.01. The company has a market capitalization of C$38.98 billion, a PE ratio of 30.13, a PEG ratio of 2.22 and a beta of 0.36.

Restaurant Brands International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, July 7th were issued a $0.65 dividend. 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 payout ratio is 68.46%.

About Restaurant Brands International

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).