Fairfax Financial Holdings' Preferred Shares, Series I, Cross 4% Yield Mark

In trading on Thursday, shares of Fairfax Financial Holdings Ltd's Cumulative 5-Year Rate Reset Preferred Shares, Series I (TSX: FFH-PRI.TO) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.8318), with shares changing hands as low as $20.71 on the day. As of last close, FFH.PRI 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.PRI shares, versus FFH:

Performance Comparison Chart

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

FFH.PRI+Dividend+History+Chart

In Thursday trading, Fairfax Financial Holdings Ltd's Cumulative 5-Year Rate Reset Preferred Shares, Series I (TSX: FFH-PRI.TO) is currently down about 0.2% on the day, while the common shares (TSX: FFH.TO) are down about 0.6%.

Click here to find out which 9 other Canadian dividend stocks just recently went ''on sale'' and crossed into new yield territory »

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

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