Sami Siddiqui Sells 9,929 Shares of Restaurant Brands International Inc. (TSE:QSR) Stock

Restaurant Brands International Inc. (TSE:QSR) (NYSE:QSR) Senior Officer Sami Siddiqui sold 9,929 shares of the firm’s stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of C$97.92, for a total value of C$972,247.68.

Restaurant Brands International Stock Up 0.0 %

Shares of TSE QSR opened at C$94.91 on Friday. Restaurant Brands International Inc. has a 12-month low of C$86.06 and a 12-month high of C$110.34. The stock has a market cap of C$21.55 billion, a P/E ratio of 19.04, a PEG ratio of 2.22 and a beta of 0.95. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 494.65. The business’s fifty day simple moving average is C$91.48 and its 200-day simple moving average is C$94.44.

Restaurant Brands International Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Investors of record on Friday, April 4th will be paid a $0.62 dividend. The ex-dividend date of this dividend is Friday, March 21st. This represents a $2.48 dividend on an annualized basis and a yield of 2.61%. Restaurant Brands International’s dividend payout ratio is currently 62.98%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on QSR. Argus cut Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 13th. Guggenheim raised shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 24th. Finally, TD Cowen cut shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a report on Friday, February 14th.

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.