THI Dividend History & Description — Tim Hortons, Inc.
Tim Hortons is engaged in the development and franchising of quick service restaurants primarily in Canada and the U.S. Co.'s restaurants serve coffee, espresso-based hot and cold specialty drinks, including lattes, cappuccinos and espresso shots, fruit smoothies, fresh baked goods, grilled Panini and sandwiches, wraps, soups, prepared foods and other food products. Co. is a distributor to its restaurants through five distribution centers. At Dec 30, 2012, the number of Tim Hortons restaurants, both standard and non-standard locations across Canada, the U.S. and the Gulf Cooperation Council, totaled 4,264. At Dec 30, 2012, all but 22 of the Tim Hortons restaurants were franchise-operated.