Fairfax Financial Holdings Limited Declares Annual Dividend of $15.00 (OTCMKTS:FRFHF)

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) declared an annual dividend on Friday, January 3rd,NASDAQ Dividends reports. Investors of record on Thursday, January 16th will be given a dividend of 15.00 per share by the financial services provider on Thursday, January 23rd. This represents a dividend yield of 1.09%. The ex-dividend date is Thursday, January 16th.

Fairfax Financial Price Performance

Fairfax Financial stock traded up $9.04 during mid-day trading on Friday, hitting $1,382.06. 17,557 shares of the company were exchanged, compared to its average volume of 10,378. The company has a market capitalization of $32.04 billion, a PE ratio of 8.45 and a beta of 0.81. The business has a fifty day moving average of $1,374.96 and a 200 day moving average of $1,249.11. Fairfax Financial has a 1-year low of $904.98 and a 1-year high of $1,464.00. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 0.39.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada boosted their target price on shares of Fairfax Financial from $1,425.00 to $1,500.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th.

Fairfax Financial Company Profile

Fairfax Financial Holdings Limited, through its subsidiaries, provides property and casualty insurance and reinsurance, and investment management services in the United States, Canada, Asia, and internationally. The company operates through Property and Casualty Insurance and Reinsurance, Life insurance and Run-off, and Non-Insurance Companies segments.