Is This Dividend Stock a No-Brainer Buy?
As a dividend investor, it's important to pick businesses with robust brands that customers enjoy. Customer satisfaction translates into repeat business, which equals steady revenue and profits that can support a payout.
As owner of some of the most iconic quick-service restaurant brands in the world, Restaurant Brands International (NYSE: QSR) certainly meets this requirement. But could the stock be appetizing to income investors? Let's inspect Restaurant Brands International's fundamentals and valuation to decide.
Selling the rights to franchisees to own and operate Burger King, Tim Hortons, Popeyes, and Firehouse Subs franchises, Restaurant Brands is a major restaurant holding company. Considering the recognition of each of these brands, it shouldn't be surprising that franchisees are willing to bear hefty start-up costs and pay a portion of sales to the company. As a result, the Canadian-based Restaurant Brands has grown to more than 30,100 franchised locations across its umbrella of brands as of June 30.
Source Fool.com
