Bay Street News

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 Shares

TORONTO, ONTARIO–(Marketwired – June 2, 2016) – Fairfax Financial Holdings Limited (“Fairfax”) (TSX:FFH) (TSX:FFH.U) 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 0.286125 June 30, 2016 June 16, 2016
Series D 0.22513 June 29, 2016
Series E 0.18188 June 30, 2016
Series F 0.16343 June 29, 2016
Series G 0.207375 June 30, 2016
Series H 0.18836 June 29, 2016
Series I 0.23175 June 30, 2016
Series J 0.20643 June 29, 2016
Series K 0.3125 June 30, 2016
Series M 0.296875 June 30, 2016

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 June 30, 2016 to September 29, 2016 dividend period for its 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 0.92983 3.689 0.23246
Series F 0.68030 2.699 0.17007
Series H 0.78112 3.099 0.19528
Series J 0.85421 3.389 0.21355

Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.

Fairfax Financial Holdings Limited
John Varnell
Vice President, Corporate Development
(416) 367-4941