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

Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) announced an annual dividend on Friday, January 3rd,NASDAQ Dividends reports. Stockholders 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 of this dividend is Thursday, January 16th.

Fairfax Financial Stock Performance

OTCMKTS FRFHF opened at $1,340.00 on Tuesday. Fairfax Financial has a 52-week low of $904.98 and a 52-week high of $1,464.00. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.45 and a current ratio of 2.45. The company has a market capitalization of $31.07 billion, a P/E ratio of 8.20 and a beta of 0.81. The company has a fifty day moving average of $1,383.59 and a 200-day moving average of $1,260.07.

Analysts Set New Price Targets

Separately, Royal Bank of Canada lifted 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 report 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.