Fairfax Financial Holdings Limited
TSX : FFH
TSX : FFH.U

Fairfax Financial Holdings Limited

December 03, 2015 17:02 ET

Fairfax Announces Quarterly Dividend on Series C, D, E, F, G, H, I, K and M Preferred Shares and Quarterly Dividend Rate for Series D, F and H Preferred Shares

TORONTO, ONTARIO--(Marketwired - Dec. 3, 2015) - Fairfax Financial Holdings Limited ("Fairfax") (TSX:FFH)(TSX:FFH.U) announces that it has declared a quarterly dividend of C$0.286125 per share on its Series C Preferred Shares, C$0.22219 per share on its Series D Preferred Shares, C$0.18188 per share on its Series E Preferred Shares, C$0.15980 per share on its Series F Preferred Shares, C$0.207375 per share on its Series G Preferred Shares, C$0.18300 per share on its Series H Preferred Shares, C$0.3125 per share on its Series I Preferred Shares, C$0.3125 per share on its Series K Preferred Shares and C$0.296875 per share on its Series M Preferred Shares. The dividends on each of the Series C Preferred Shares, Series E Preferred Shares, Series G Preferred Shares, Series I Preferred Shares, Series K Preferred Shares and Series M Preferred Shares are payable on December 31, 2015 to shareholders of record on December 17, 2015. The dividends on the Series D Preferred Shares, Series F Preferred Shares and Series H Preferred Shares are payable on December 30, 2015 to shareholders of record on December 17, 2015. Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.

Fairfax has also determined that the quarterly dividend rate in respect of the December 31, 2015 to March 30, 2016 dividend period for the Series D Preferred Shares, calculated in accordance with the Series D share conditions, will be 0.89554% (3.59199% on an annualized basis) and the dividend for such dividend period, if and when declared, will be C$0.22388 per share. The quarterly dividend rate in respect of the December 31, 2015 to March 30, 2016 dividend period for the Series F Preferred Shares, calculated in accordance with the Series F share conditions, will be 0.64872% (2.60199% on an annualized basis) and the dividend for such dividend period, if and when declared, will be C$0.16218 per share). The quarterly dividend rate in respect of the December 31, 2015 to March 30, 2016 dividend period for the Series H Preferred Shares, calculated in accordance with the Series H share conditions, will be 0.74844% (3.00199% on an annualized basis) and the dividend for such dividend period, if and when declared, will be C$0.18711 per share).

Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.

Contact Information

  • Fairfax Financial Holdings Limited
    John Varnell
    Vice President, Corporate Development
    (416) 367-4941