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 4% mark based on its quarterly dividend (annualized to $0.8295), with shares changing hands as low as $20.72 on the day. As of last close, FFH.PRG was trading at a 16.64% 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:
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:
In Thursday trading, Fairfax Financial Holdings Ltd's Cumulative 5-Year Rate Reset Preferred Shares, Series G (TSX: FFH-PRG.TO ) is currently down about 0.4% on the day, while the common shares (TSX: FFH.TO ) are up about 1.5%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
