Press Release Details
Fairfax Announces Quarterly Dividend on Series C, Series D, Series E, Series G, Series I and Series K Preferred Shares and Quarterly Dividend Rate for Series D Shares
TORONTO, ONTARIO–(Marketwired – March 3, 2015) – Fairfax Financial Holdings Limited (“Fairfax”) (TSX:FFH)(TSX:FFH.U) announces that it has declared a quarterly dividend of C$0.286125 per share on its Series C Preferred Shares, C$0.25212 per share on its Series D Preferred Shares, C$0.296875 per share on its Series E Preferred Shares, C$0.3125 per share on its Series G Preferred Shares, C$0.3125 per share on its Series I Preferred Shares and C$0.3125 per share on its Series K Preferred Shares. The dividends are payable on March 31, 2015 to shareholders of record on March 17, 2015. Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Fairfax has also determined that the quarterly dividend rate in respect of the April 1 to June 29, 2015 dividend period for the Series D Preferred Shares, calculated in accordance with the Series D share conditions, will be 0.891863% (3.617% on an annualized basis) and the dividend for such dividend period, if and when declared, will be C$0.22297 per share.
Fairfax Financial Holdings Limited is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.
Vice President, Corporate Development