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
/EINPresswire.com/ -- TORONTO, ONTARIO -- (Marketwired) -- 03/03/16 -- 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:
---------------------------------------------------------------------------- Series of Preferred Shares Dividend (C$) Payment Date Record Date ---------------------------------------------------------------------------- Series C 0.286125 March 31, 2016 March 17, 2016 ------------------------------------------------------------ Series D 0.22388 March 30, 2016 ------------------------------------------------------------ Series E 0.18188 March 31, 2016 ------------------------------------------------------------ Series F 0.16218 March 30, 2016 ------------------------------------------------------------ Series G 0.207375 March 31, 2016 ------------------------------------------------------------ Series H 0.18711 March 30, 2016 ------------------------------------------------------------ Series I 0.23175 March 31, 2016 ------------------------------------------------------------ Series J 0.20647 March 30, 2016 ------------------------------------------------------------ Series K 0.3125 March 31, 2016 ------------------------------------------------------------ Series M 0.296875 March 31, 2016 ----------------------------------------------------------------------------
Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Fairfax has also determined the quarterly dividend rates in respect of the March 31, 2016 to June 29, 2016 dividend period for its floating rate preferred shares. The rates, together with the dividends per share payable for such period (if and when declared), are set forth below:
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Rate Annualized Dividend
Series of Preferred Shares (%) Rate (%) (C$)
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Series D 0.90053 3.612 0.22513
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Series F 0.6537 2.622 0.16343
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Series H 0.75343 3.022 0.18836
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Series J 0.82573 3.312 0.20643
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Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.
Contacts:
Fairfax Financial Holdings Limited
John Varnell
Vice President, Corporate Development
(416) 367-4941
