Fairfax Financial Holdings Limited Quarterly Dividend Announcement
In an exciting announcement, Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) has declared quarterly dividends for its preferred shares, a move that showcases the company's commitment to delivering value to its shareholders.
Details of the Declared Dividends
On a recent date, the company disclosed the details of the dividends that would be applicable for various series of its preferred shares. This declaration includes Series G, H, I, J, and K preferred shares, with specific amounts assigned to each series. The dividends are as follows:
Series G Preferred Shares
For Series G, a dividend of C$0.185125 will be paid, with the payment date set for September 30, 2025. The record date for this dividend is September 15, 2025.
Series H Preferred Shares
Investors holding Series H shares will receive a dividend of C$0.32792, which will be payable on September 29, 2025, with a record date of September 15, 2025.
Series I Preferred Shares
The Series I shares have a dividend of C$0.207938 scheduled for payment on September 30, 2025, with the same record date as Series G and I.
Series J Preferred Shares
Series J holders are set to receive a dividend of C$0.34620, with the payment scheduled for September 29, 2025, and a record date of September 15, 2025.
Series K Preferred Shares
Lastly, Series K shareholders can expect a dividend of C$0.315313 on September 30, 2025, adhering to the same record date as the other series.
Floating Rate Preferred Shares
In addition to the fixed dividends, Fairfax has also set a quarterly dividend rate for its floating rate preferred shares for the period between September 30, 2025, and December 30, 2025. This dynamic approach aims to provide investors with returns that are adjusted according to market movements.
Series J Floating Rate Details
For Series J floating rate preferred shares, the dividend rate has been determined at 1.38907%. The annualized rate for this series stands at 5.51099%, while the dividend per share is projected at C$0.34727.
About Fairfax Financial Holdings Limited
Fairfax is primarily focused on the property and casualty insurance markets as well as reinsurance and investment management. The strategic decisions made by Fairfax are tailored to ensure long-term sustainability and growth, which puts them in a strong position in the financial sector.
For those interested in dividends from Fairfax, it is important to note the impact of Canadian withholding tax on dividends paid to non-residents. This means that the dividends received might be subject to specific taxes depending on the investor's residency.
Contact Information
For further inquiries or more information, investors can reach out to John Varnell, the Vice President of Corporate Development, at (416) 367-4941.
Frequently Asked Questions
What are the dividends announced by Fairfax Financial?
The quarterly dividends announced include specific amounts for Series G, H, I, J, and K preferred shares.
What is the payment date for Series J dividends?
The payment date for Series J preferred shares is September 29, 2025.
How does Canadian withholding tax affect my dividends?
If you are a non-resident, Canadian withholding tax will be applied to the dividends you receive.
What sectors does Fairfax operate in?
Fairfax is primarily engaged in property and casualty insurance, reinsurance, and investment management.
Who can I contact for more information about Fairfax dividends?
You can contact John Varnell at (416) 367-4941 for more information.
