Fairfax Financial Holdings Limited (OTCMKTS:FRFHF) Plans $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 paid 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 Stock Up 0.7 %

FRFHF stock traded up $9.04 during midday trading on Friday, hitting $1,382.06. 17,557 shares of the company’s stock were exchanged, compared to its average volume of 10,378. The stock has a market capitalization of $32.04 billion, a price-to-earnings ratio of 8.45 and a beta of 0.81. The company has a current ratio of 2.45, a quick ratio of 2.45 and a debt-to-equity ratio of 0.39. The firm has a 50 day moving average price of $1,374.96 and a 200-day moving average price of $1,249.11. Fairfax Financial has a 12-month low of $904.98 and a 12-month high of $1,464.00.

Analyst Ratings Changes

Separately, Royal Bank of Canada boosted their price target 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.