Fairfax Financial Holdings' Preferred Shares, Series K, Cross 5% Yield Mark

In trading on Friday, shares of Fairfax Financial Holdings Ltd's Cumulative 5-Year Rate Reset Preferred Shares, Series K (TSX: FFH-PRK.TO) were yielding above the 5% mark based on its quarterly dividend (annualized to $1.1678), with shares changing hands as low as $23.35 on the day. As of last close, FFH.PRK was trading at a 6.32% 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.PRK shares, versus FFH:

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

In Friday trading, Fairfax Financial Holdings Ltd's Cumulative 5-Year Rate Reset Preferred Shares, Series K (TSX: FFH-PRK.TO) is currently down about 0.3% on the day, while the common shares (TSX: FFH.TO) are down about 1.1%.

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