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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 F, H and J Preferred Shares

By: Fairfax Financial Holdings Limited via GlobeNewswire
December 02, 2024 at 17:02 PM EST

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 SharesDividend (C$)Payment DateRecord Date
Series C0.294313December 31, 2024December 13, 2024
Series D0.47858December 30, 2024
Series E0.198938December 31, 2024
Series F0.41416December 30, 2024
Series G0.185125December 31, 2024
Series H0.44019December 30, 2024
Series I0.207938December 31, 2024
Series J0.45906December 30, 2024
Series K0.315313December 31, 2024
Series M0.312688December 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 Shares1Rate (%)Annualized Rate (%)Dividend (C$)
Series F1.390935.641000.34773
Series H1.489566.041000.37239
Series J1.561076.331000.39027
    

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
   

_______________
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.


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