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, June 01, 2020 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has declared the following quarterly dividends per share on its preferred shares:
| Series of Preferred Shares | Dividend (C$) | Payment Date | Record Date |
| Series C | 0.294313 | June 30, 2020 | June 15, 2020 |
| Series D | 0.29843 | June 29, 2020 | |
| Series E | 0.198938 | June 30, 2020 | |
| Series F | 0.23673 | June 29, 2020 | |
| Series G | 0.207375 | June 30, 2020 | |
| Series H | 0.26166 | June 29, 2020 | |
| Series I | 0.23175 | June 30, 2020 | |
| Series J | 0.27973 | June 29, 2020 | |
| Series K | 0.291938 | June 30, 2020 | |
| Series M | 0.312688 | June 30, 2020 |
Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Fairfax has also determined the quarterly dividend rates in respect of the June 30, 2020 to September 29, 2020 dividend period for its floating rate preferred shares. The rates, together with the dividends per share payable for such period (if and when declared), are set forth below:
| Series of Preferred Shares | Rate (%) | Annualized Rate (%) | Dividend (C$) |
| Series D | 0.85825 | 3.40500 | 0.21456 |
| Series F | 0.60871 | 2.41500 | 0.15218 |
| Series H | 0.70953 | 2.81500 | 0.17738 |
| Series J | 0.78263 | 3.10500 | 0.19566 |
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.
For further information contact: John Varnell, Vice President, Corporate Development, at (416) 367-4941
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
