From GlobeNewswire:

Fairfax Financial Holdings Limited has declared an increased dividend of US$15.00 per share on its outstanding multiple voting and subordinate voting shares. The dividend is payable on January 25, 2024 to shareholders of record on January 18, 2024. The company anticipates strong earnings in the next few years based on insurance company underwriting income, locked-in interest and dividend income and income from associates. The sustainable level of the annual dividend has been raised to US$15 per share. Fairfax is primarily engaged in property and casualty insurance and reinsurance and associated investment management. For further information, contact John Varnell, Vice President, Corporate Development at (416) 367-4941.



Read more: Fairfax Declares Annual Dividend