TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) ("Fairfax") announces that it has declared the following quarterly dividends per share on its preferred shares:
Series of Preferred Shares | Dividend (C$) | Payment Date | Record Date |
Series C | 0.294313 | December 31, 2024 | December 13, 2024 |
Series D | 0.47858 | December 30, 2024 | |
Series E | 0.198938 | December 31, 2024 | |
Series F | 0.41416 | December 30, 2024 | |
Series G | 0.185125 | December 31, 2024 | |
Series H | 0.44019 | December 30, 2024 | |
Series I | 0.207938 | December 31, 2024 | |
Series J | 0.45906 | December 30, 2024 | |
Series K | 0.315313 | December 31, 2024 | |
Series M | 0.312688 | December 31, 2024 |
Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Fairfax has also determined the quarterly dividend rates in respect of the December 31, 2024 to March 30, 2025 dividend period for its other floating rate preferred shares. The rates, together with the dividends per share payable for such period (if and when declared), are set forth below:
Series of Preferred Shares1 | Rate (%) | Annualized Rate (%) | Dividend (C$) |
Series F | 1.39093 | 5.64100 | 0.34773 |
Series H | 1.48956 | 6.04100 | 0.37239 |
Series J | 1.56107 | 6.33100 | 0.39027 |
Fairfax is a holding company which, through its subsidiaries, is primarily 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 |
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1 As previously announced, Fairfax intends to redeem all of its outstanding Cumulative 5-Year Rate Reset Preferred Shares, Series C, together with all of its outstanding Cumulative Floating Rate Preferred Shares, Series D, on December 31, 2024.