Fairfax Announces Quarterly Dividend on Series C, D, E, F, G, H, I, J, K and M Preferred Shares and Quarterly Dividend Rate for
Series D, F, H and J Shares
TORONTO, ONTARIO--(Marketwired - Dec. 1, 2016) - Fairfax Financial Holdings Limited ("Fairfax")
(TSX:FFH)(TSX:FFH.U) announces that it has declared the following quarterly dividends per share on its preferred shares:
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| Series of Preferred Shares |
|
Dividend (C$) |
|
Payment Date |
|
Record Date |
| Series C |
|
0.286125 |
|
December 30, 2016 |
|
December 16, 2016 |
| Series D |
|
0.22825 |
|
December 29, 2016 |
|
|
| Series E |
|
0.18188 |
|
December 30, 2016 |
|
|
| Series F |
|
0.16654 |
|
December 29, 2016 |
|
|
| Series G |
|
0.207375 |
|
December 30, 2016 |
|
|
| Series H |
|
0.19147 |
|
December 29, 2016 |
|
|
| Series I |
|
0.23175 |
|
December 30, 2016 |
|
|
| Series J |
|
0.20955 |
|
December 29, 2016 |
|
|
| Series K |
|
0.3125 |
|
December 30, 2016 |
|
|
| Series M |
|
0.296875 |
|
December 30, 2016 |
|
|
Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Fairfax has also determined the quarterly dividend rates in respect of the December 30, 2016 to March 30, 2017 dividend period
for its floating rate preferred shares. The rates, together with the dividends per share payable for such period (if and
when declared), are set forth below:
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|
|
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| Series of Preferred Shares |
|
Rate (%) |
|
Annualized Rate (%) |
|
Dividend (C$) |
| Series D |
|
0.91225 |
|
3.65901 |
|
0.22806 |
| Series F |
|
0.66542 |
|
2.66901 |
|
0.16636 |
| Series H |
|
0.76515 |
|
3.06901 |
|
0.19129 |
| Series J |
|
0.83745 |
|
3.35901 |
|
0.20936 |
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance
and investment management.