Press Release Details
Fairfax Announces Quarterly Dividend on Series C, Series D, Series E, Series F, Series G, Series I, Series K and Series M Preferred Shares and Quarterly Dividend Rate for Series D and F Shares
TORONTO, ONTARIO–(Marketwired – June 2, 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$0.22297 per share on its Series D Preferred Shares, C$0.18188 per share on its Series E Preferred Shares, C$0.16194 per share on its Series F Preferred Shares, C$0.3125 per share on its Series G Preferred Shares, C$0.3125 per share on its Series I Preferred Shares, C$0.3125 per share on its Series K Preferred Shares and C$0.38716 per share on its Series M Preferred Shares. The dividends on each of the Series C Preferred Shares, Series E Preferred Shares, Series G Preferred Shares, Series I Preferred Shares, Series K Preferred Shares and Series M Preferred Shares are payable on June 30, 2015 to shareholders of record on June 16, 2015. The dividends on the Series D Preferred Shares and Series F Preferred Shares are payable on June 29, 2015 to shareholders of record on June 16, 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 June 30 to September 29, 2015 dividend period for the Series D Preferred Shares, calculated in accordance with the Series D share conditions, will be 0.961589% (3.815% on an annualized basis) and the dividend for such dividend period, if and when declared, will be C$0.24040 per share. The quarterly dividend rate in respect of the June 30 to September 29, 2015 dividend period for the Series F Preferred Shares, calculated in accordance with the Series F share conditions, will be 0.712055% (2.825% on an annualized basis) and the dividend for such dividend period, if and when declared, will be C$0.17801 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.
John Varnell
Vice President, Corporate Development
(416) 367-4941