Restaurant Brands International Inc. (QSR) will raise its quarterly dividend by 1.9 percent to 53 cents quarterly per share in 2021.

This follows a 4.0 percent hike to $0.52 per share in 2020 and marks 6 years of dividend hikes by the Canada based owner of Burger King.

The next dividend will be payable on April 6, 2021 to shareholders and unitholders of record at the close of business on March 23, 2021. The annual dividend rate of $2.12 per share yields 3.6% at a stock price of $74.78.

Restaurant Brands International Inc. is a quick service restaurant operator with more than $34 billion in system-wide sales and over 27,000 restaurants in more than 100 countries and U.S. territories. RBI owns quick service restaurant brands TIM HORTONS, BURGER KING, and POPEYES. Restaurant Brands International has been paying a dividend to shareholders every year since 2015.