THI Dividend History & Description — Tim Hortons, Inc.
Tim Hortons is engaged in the quick service restaurant chain business. Co. directly owns and operates (without restaurant owners) a small number of company restaurants in Canada and the U.S. Co. also has warehouse and distribution operations that supply paper and dry goods to the majority of its Canadian restaurants, and supply frozen baked goods and some refrigerated products to most of its Ontario restaurants and Quebec restaurants. As of Jan 1 2012, the number of Tim Hortons restaurants, both standard and non-standard locations across Canada, the U.S. and the Gulf Cooperation Council, totaled 4,014. At Jan 1 2012, all but 18 of the Tim Hortons restaurants were franchise-operated.