Fairfax (OTC: FAXRF) declares $0.315313 Series K preferred dividend
Rhea-AI Filing Summary
Fairfax Financial Holdings Limited has declared a quarterly dividend on its Series K Preferred Shares. The dividend is $0.315313 per share, payable on June 30, 2026 to shareholders of record on June 15, 2026. Applicable Canadian withholding tax will be applied to dividends paid to non-residents of Canada. Fairfax is a holding company whose subsidiaries focus on property and casualty insurance, reinsurance and related investment management.
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Key Figures
Series K dividend per share: $0.315313 per share
Dividend record date: June 15, 2026
Dividend payment date: June 30, 2026
3 metrics
Series K dividend per share
$0.315313 per share
Quarterly dividend on Series K Preferred Shares
Dividend record date
June 15, 2026
Shareholders of record eligible for dividend
Dividend payment date
June 30, 2026
Scheduled payment of Series K dividend
Key Terms
Series K Preferred Shares, withholding tax, shareholders of record
3 terms
withholding tax financial
"Applicable Canadian withholding tax will be applied to dividends payable to non-residents"
Withholding tax is a government-required portion of a payment—such as dividends, interest, or salary—that the payer keeps back and sends directly to tax authorities before the recipient receives the money. For investors it reduces the cash they actually get and changes the after-tax return on an investment; rates and refund or credit rules vary by country and can materially affect comparisons between similar investments, like a cashier holding part of a bill to cover taxes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Does Canadian withholding tax apply to Fairfax (FAXRF) Series K dividends for non-residents?
Yes, applicable Canadian withholding tax will be applied to dividends paid to non-residents of Canada. This means international holders of Fairfax’s Series K Preferred Shares may receive the dividend net of required Canadian tax withholding at the prescribed rates.
What type of business does Fairfax Financial (FAXRF) operate?
Fairfax Financial is a holding company whose subsidiaries are primarily engaged in property and casualty insurance, reinsurance and associated investment management. This structure means Fairfax oversees a group of operating insurance and reinsurance companies while managing their investment portfolios.