Fairfax Announces Quarterly Dividend on Series C,
Post# of 301275
TORONTO, Aug. 31, 2018 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has declared the following quarterly dividends per share on its preferred shares:
Series of Preferred Shares | Dividend (C$) | Payment Date | Record Date |
Series C | 0.286125 | September 28, 2018 | September 14, 2018 |
Series D | 0.27736 | September 27, 2018 | |
Series E | 0.18188 | September 28, 2018 | |
Series F | 0.21566 | September 27, 2018 | |
Series G | 0.207375 | September 28, 2018 | |
Series H | 0.24059 | September 27, 2018 | |
Series I | 0.23175 | September 28, 2018 | |
Series J | 0.25867 | September 27, 2018 | |
Series K | 0.291938 | September 28, 2018 | |
Series M | 0.296875 | September 28, 2018 |
Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Fairfax has also determined the quarterly dividend rates in respect of the September 28, 2018 to December 30, 2018 dividend period for its floating rate preferred shares. The rates, together with the dividends per share payable for such period (if and when declared), are set forth below:
Series of Preferred Shares | Rate (%) | Annualized Rate (%) | Dividend (C$) |
Series D | 1.19985 | 4.65900 | 0.29996 |
Series F | 0.94489 | 3.66900 | 0.23622 |
Series H | 1.04791 | 4.06900 | 0.26198 |
Series J | 1.12259 | 4.35900 | 0.28065 |
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.
For further information, contact: | John Varnell, Vice President, Corporate Development, at (416) 367-4941 |