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/ -- 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$) | Payment Date | Record Date | |||
| Series C | 0.286125 | September 30, 2016 | September 16, 2016 |
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| Series D | 0.23246 | September 29, 2016 | ||||
| Series E | 0.18188 | September 30, 2016 | ||||
| Series F | 0.17007 | September 29, 2016 | ||||
| Series G | 0.207375 | September 30, 2016 | ||||
| Series H | 0.19528 | September 29, 2016 | ||||
| Series I | 0.23175 | September 30, 2016 | ||||
| Series J | 0.21355 | September 29, 2016 | ||||
| Series K | 0.3125 | September 30, 2016 | ||||
| Series M | 0.296875 | September 30, 2016 |
Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Fairfax has also determined the quarterly dividend rates in respect of the September 30, 2016 to December 29, 2016 dividend period for its floating rate preferred shares. The rates, together with the dividends per share payable for such period (if and when declared), are set forth below:
| Series of Preferred Shares | Rate (%) | Annualized Rate (%) | Dividend (C$) | |||
| Series D | 0.91299 | 3.662 | 0.22825 | |||
| Series F | 0.66617 | 2.672 | 0.16654 | |||
| Series H | 0.76590 | 3.072 | 0.19147 | |||
| Series J | 0.83820 | 3.362 | 0.20955 |
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.
Fairfax Financial Holdings Limited
John Varnell
Vice President, Corporate Development
(416) 367-4941
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