EX-99.1 2 a19-10907_1ex99d1.htm EX-99.1

Exhibit 99.1

 

FAIRFAX  News Release

TSX Stock Symbol:  FFH and FFH.U

 

TORONTO, May 31, 2019

 

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

 

Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and 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 28, 2019

 

June 14, 2019

Series D

 

0.30117

 

June 27, 2019

 

 

Series E

 

0.18188

 

June 28, 2019

 

 

Series F

 

0.23947

 

June 27, 2019

 

 

Series G

 

0.207375

 

June 28, 2019

 

 

Series H

 

0.26440

 

June 27, 2019

 

 

Series I

 

0.23175

 

June 28, 2019

 

 

Series J

 

0.28248

 

June 27, 2019

 

 

Series K

 

0.291938

 

June 28, 2019

 

 

Series M

 

0.296875

 

June 28, 2019

 

 

 

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 28, 2019 to September 29, 2019 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

 

1.24570

 

4.83702

 

0.31142

Series F

 

0.99074

 

3.84702

 

0.24768

Series H

 

1.09375

 

4.24702

 

0.27344

Series J

 

1.16844

 

4.53702

 

0.29211

 

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

 

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For further information, contact:                                                               John Varnell, Vice President, Corporate Development, at

(416) 367-4941

 

FAIRFAX FINANCIAL HOLDINGS LIMITED

95 Wellington Street West, Suite 800, Toronto, Ontario, M5J 2N7 Telephone: 416-367-4941 Facsimile: 416-367-4946