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Fairfax Financial Holdings' Preferred Series G Shares Cross 5.5% Yield Mark


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In trading on Thursday, shares of Fairfax Financial Holdings Ltd's Cumulative 5-Year Rate Reset Preferred Shares, Series G (TSX: FFH-PRG.TO ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $0.8295), with shares changing hands as low as $14.93 on the day. As of last close, FFH.PRG was trading at a 39.00% discount to its liquidation preference amount. It should be noted that the preferred shares are convertible .

The chart below shows the one year performance of FFH.PRG shares, versus FFH:

Performance Comparison Chart

Below is a dividend history chart for FFH.PRG, showing historical dividend payments on Fairfax Financial Holdings Ltd's Cumulative 5-Year Rate Reset Preferred Shares, Series G:

FFH.PRG+Dividend+History+Chart

In Thursday trading, Fairfax Financial Holdings Ltd's Cumulative 5-Year Rate Reset Preferred Shares, Series G (TSX: FFH-PRG.TO ) is currently up about 0.7% on the day, while the common shares (TSX: FFH.TO ) are up about 1%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.





This article appears in: Investing , Stocks



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