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) -- 06/02/16 -- 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$) Payment Date Record Date ---------------------------------------------------------------------------- Series C 0.286125 June 30, 2016 June 16, 2016 ------------------------------------------------------------ Series D 0.22513 June 29, 2016 ------------------------------------------------------------ Series E 0.18188 June 30, 2016 ------------------------------------------------------------ Series F 0.16343 June 29, 2016 ------------------------------------------------------------ Series G 0.207375 June 30, 2016 ------------------------------------------------------------ Series H 0.18836 June 29, 2016 ------------------------------------------------------------ Series I 0.23175 June 30, 2016 ------------------------------------------------------------ Series J 0.20643 June 29, 2016 ------------------------------------------------------------ Series K 0.3125 June 30, 2016 ------------------------------------------------------------ Series M 0.296875 June 30, 2016 ----------------------------------------------------------------------------
Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Fairfax has also determined the quarterly dividend rates in respect of the June 30, 2016 to September 29, 2016 dividend period for its floating rate preferred shares. The rates, together with the dividends per share payable for such period (if and when declared), are set forth below:
---------------------------------------------------------------------------- Series of Preferred Shares Rate (%) Annualized Rate (%) Dividend (C$) ---------------------------------------------------------------------------- Series D 0.92983 3.689 0.23246 ---------------------------------------------------------------------------- Series F 0.68030 2.699 0.17007 ---------------------------------------------------------------------------- Series H 0.78112 3.099 0.19528 ---------------------------------------------------------------------------- Series J 0.85421 3.389 0.21355 ----------------------------------------------------------------------------
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
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