Fairfax Declares Annual Dividend
January 03 2020 - 7:59AM
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces
that it has declared a dividend of US$10.00 per share on its
outstanding multiple voting and subordinate voting shares, payable
on January 28, 2020 to shareholders of record on January 21, 2020.
Applicable Canadian withholding tax will be applied to dividends
payable to non-residents of Canada.
Consistent with the practice of prior years, the
amount of this annual dividend was determined taking into account
the current operating results of Fairfax and its insurance and
reinsurance companies and the current cash position at the Fairfax
holding company. Consequently, as each year’s circumstances are
different, this dividend should not be regarded as indicative of
the amount of any future annual dividends.
Fairfax is a holding company which, through its
subsidiaries, is 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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