Exhibit 99.1
FAIRFAX News Release
TSX Stock Symbol: FFH and FFH.U
TORONTO, September 3, 2024
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 PREFERRED SHARES
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 Shares | Dividend (C$) | Payment Date | Record Date |
Series C | 0.294313 | September 27, 2024 | September 13, 2024 |
Series D | 0.50000 | September 26, 2024 | |
Series E | 0.198938 | September 27, 2024 | |
Series F | 0.43830 | September 26, 2024 | |
Series G | 0.185125 | September 27, 2024 | |
Series H | 0.46323 | September 26, 2024 | |
Series I | 0.207938 | September 27, 2024 | |
Series J | 0.48130 | September 26, 2024 | |
Series K | 0.315313 | September 27, 2024 | |
Series M | 0.312688 | September 27, 2024 |
Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Fairfax has also determined the quarterly dividend rates in respect of the September 27, 2024 to December 30, 2024 dividend period for its other floating rate preferred shares. The rates, together with the dividends per share payable for such period (if and when declared), are set forth below:
Series of Preferred Shares | Rate (%) | Annualized Rate (%) | Dividend (C$) |
Series D | 1.91431 | 7.35499 | 0.47858 |
Series F | 1.65664 | 6.36499 | 0.41416 |
Series H | 1.76075 | 6.76499 | 0.44019 |
Series J | 1.83623 | 7.05499 | 0.45906 |
Fairfax is a holding company which, through its subsidiaries, is primarily 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