Restaurant Brands International Inc. dividend history

Restaurant Brands International Inc.'s dividend was $2.48 a share in fiscal 2025, up 6.9% on the year before. That was 142.8% of net income. It has raised its dividend per share every year since fiscal 2018.

Dividends, buybacks and capital spending

FY2026 Q3 TTM

Buybacks (TTM): $444M
Dividends (TTM): $1.2B
Returned to shareholders: 101%; of free cash flow
Buybacks, last 3 fiscal years: $500M
Diluted share count: +0.4%; year over year
Total shareholder yield: 6.2%; dividends 4.5% + buybacks 1.7% of market value
Dividend payout ratio: 77%; of net income paid out

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Restaurant Brands International Inc.: dividends by fiscal year, annual
Fiscal year	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMSept 2026
Dividend per share	$0.040	$0.240	$0.300	—	—	—	$1.80	$2.00	$2.08	$2.12	$2.16	$2.20	$2.32	$2.48	—
Dividend per share growth	—	+500.0%	+25.0%	—	—	—	—	+11.1%	+4.0%	+1.9%	+1.9%	+1.9%	+5.5%	+6.9%	—
Dividends paid	14	84	106	362	538	664	728	901	959	974	971	990	1,029	1,108	1,157
Share buybacks	—	7	—	—	—	—	—	0	0	551	326	500	0	0	444
Dividends ÷ net income	11.9%	36.1%	66.8%	348.8%	155.5%	106.1%	119.0%	140.1%	197.3%	116.2%	96.3%	83.2%	100.8%	142.8%	77.1%
Dividends ÷ free cash flow	9.1%	28.1%	46.2%	33.3%	44.2%	49.0%	67.5%	63.7%	119.3%	60.1%	69.9%	82.3%	79.0%	76.5%	73.2%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

Compare with peers

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Figures from Restaurant Brands International Inc.'s SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Restaurant Brands International Inc.