FRFHF - 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 Preferred Shares
TORONTO, March 01, 2023 (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$) |
| Payment Date |
| Record Date |
| Series C |
| 0.294313 |
| March 31, 2023 |
| March 15, 2023 |
| Series D |
| 0.45394 |
| March 30, 2023 |
| Series E |
| 0.198938 |
| March 31, 2023 |
| Series F |
| 0.39223 |
| March 30, 2023 |
| Series G |
| 0.185125 |
| March 31, 2023 |
| Series H |
| 0.41717 |
| March 30, 2023 |
| Series I |
| 0.207938 |
| March 31, 2023 |
| Series J |
| 0.43524 |
| March 30, 2023 |
| Series K |
| 0.315313 |
| March 31, 2023 |
| Series M |
| 0.312688 |
| March 31, 2023 |
Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Fairfax has also determined the quarterly dividend rates in respect of the March 31, 2023 to June 29, 2023 dividend period for its other floating rate preferred shares. The rates, together with the dividends per share payable for such period (if and when declared), are set forth below:
| Series of Preferred Shares |
| Rate (%) |
| Annualized Rate (%) |
| Dividend (C$) |
| Series D |
| 1.92322 |
| 7.71401 |
| 0.48080 |
| Series F |
| 1.67640 |
| 6.72401 |
| 0.41910 |
| Series H |
| 1.77612 |
| 7.12401 |
| 0.44403 |
| Series J |
| 1.84842 |
| 7.41401 |
| 0.46211 |
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