Restaurant Brands International (QSR) Reaches New 12-Month High at $87.10

Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) reached a new 52-week high on Monday . The stock traded as high as C$87.10 and last traded at C$84.37, with a volume of 551382 shares trading hands. The stock had previously closed at C$83.08.

The company has a quick ratio of 1.23, a current ratio of 1.34 and a debt-to-equity ratio of 275.06. The stock has a market cap of $20.90 billion and a price-to-earnings ratio of 25.22.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 3rd. Investors of record on Friday, March 15th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, March 14th. This is a positive change from Restaurant Brands International’s previous quarterly dividend of $0.45. This represents a $2.00 annualized dividend and a dividend yield of 2.36%. Restaurant Brands International’s payout ratio is currently 46.29%.

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About Restaurant Brands International (TSE:QSR)

Restaurant Brands International Inc owns, operates, and franchises quick service restaurants under the Tim Hortons (TH), Burger King (BK), and Popeyes (PLK) brand names. The company operates through three segments: TH, BK, and PLK. Its restaurants offer blend coffee, tea, espresso-based hot and cold specialty drinks, donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, hamburgers, chicken and other specialty sandwiches, french fries, soft drinks, chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other food items.

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