A top dividend stock that investors can rely on for the long term is Restaurant Brands International (TSX:QSR)(NYSE:QSR), the company that owns Tim Hortons and Burger King. With some iconic brands in its portfolio, its business provides investors with some excellent stability.
The stock's beta value is just 0.59, which indicates that it is fairly stable in relation to the overall markets. The lower the beta is, the less volatile a stock has historically been. But undoubtedly, one of the biggest incentives for hanging on to the stock is for its dividend, which yields 3.6% -- far above the S&P 500's average rate of 1.1%.
In recent years, Restaurant Brands has also been working on expanding its presence into international markets and pursuing acquisitions, suggesting that it can still make for a decent growth stock over the long term. Over the trailing 12 months, it has generated $9.3 billion in revenue, and profits on that have been $1.3 billion. The company has consistently posted reliable and consistent earnings. Meanwhile, its free cash flow during the past year of $1.4 billion has also been more than enough to support its payout, as the company pays around $1.1 billion in dividends over the course of a full year.
While the stock hasn't generated the best returns over the past five years – it's up only 27% during that stretch – it can be a reliable investment to hold on to for the long term, given not only its attractive dividend but also its robust operations and growth potential.
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