Fairfax Declares Annual Dividend
January 04 2023 - 6:45AM
Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) (“Fairfax”)
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 26, 2023 to shareholders of record on January
19, 2023. 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 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 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
Fairfax Financial (TSX:FFH)
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