Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) announced a quarterly dividend on Thursday, October 26th, Zacks reports. Stockholders of record on Friday, December 15th will be given a dividend of 0.262 per share on Wednesday, January 3rd. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date of this dividend is Thursday, December 14th. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.20.
Shares of Restaurant Brands International (TSE QSR) opened at C$78.10 on Friday. Restaurant Brands International has a 12 month low of C$62.75 and a 12 month high of C$88.36.
A number of analysts have recently commented on the company. Royal Bank Of Canada boosted their price objective on Restaurant Brands International to C$97.00 and gave the stock an “outperform” rating in a research note on Monday, October 23rd. CSFB raised Restaurant Brands International from a “neutral” rating to an “outperform” rating in a research note on Thursday, September 7th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of C$81.25.
In other news, insider José E. Cil sold 23,732 shares of Restaurant Brands International stock in a transaction on Monday, September 25th. The stock was sold at an average price of C$64.00, for a total transaction of C$1,518,848.00. Also, insider José E. Cil sold 96,872 shares of Restaurant Brands International stock in a transaction on Friday, September 29th. The shares were sold at an average price of C$63.68, for a total value of C$6,168,808.96. Insiders sold a total of 303,101 shares of company stock worth $19,528,386 over the last 90 days.
TRADEMARK VIOLATION WARNING: This piece was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of US & international trademark and copyright law. The correct version of this piece can be read at https://ledgergazette.com/2017/12/09/restaurant-brands-international-inc-qsr-to-go-ex-dividend-on-december-14th.html.
Restaurant Brands International Company Profile
Restaurant Brands International Inc is a quick service restaurant (QSR) company. The Company had over 20,000 restaurants in more than 100 countries and the United States territories, as of December 31, 2016. It operates through two segments: Tim Hortons (TH) and Burger King (BK). Tim Hortons restaurants are quick service restaurants with a menu that includes blend coffee, tea, espresso-based hot and cold specialty drinks, baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps and soups, among others.
Receive News & Ratings for Restaurant Brands International Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restaurant Brands International Inc and related companies with MarketBeat.com's FREE daily email newsletter.