Restaurant Brands International Inc. (NYSE:QSR) will begin trading ex-dividend on September 17, 2020. The quarterly dividend payment of $ 0.52 per share is scheduled to be paid on October 2, 2020. The dividend yield based on the latest trading day closing price was 3.78 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Restaurant Brands International Inc. recently reported second quarter financial results on August 6, 2020, before market open, the Toronto based company came out with income for the second quarter of $ 0.33 per share, from the revenue of $ 1,048.00 million. The quarterly earnings fell 53.52 percent while revenues contracted 25.14 percent compared with the same quarter last year.
According to street consensus, QSR was expected to report 2Q20 income of $ 0.56 per share from revenue of $ 1150.00 million. The bottom line results missed street analysts by $ 0.23 or 41.07 percent, at the same time, top line results fell short of analysts by $ 102 million or 8.87 percent.
Stock Performance
Shares of Restaurant Brands International Inc. traded low $ -0.77 or -1.38 percent on Thursday, reaching $ 55.04 with volume of 1.89 million shares. Restaurant Brands International Inc. has traded high as $ 56.84 and has cracked $ 55.02 on the downward trend
According to the previous trading day, closing price of $ 55.04, representing a 122.53 % increase from the 52 week low of $ 25.08 and a 25.2 % decrease over the 52 week high of $ 74.61.
The company has a market capital of $ 16.57 billion and is part of the Consumer Cyclical sector and Restaurants industry.
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.