Crip1 Posted January 13, 2014 Posted January 13, 2014 ...why Fairfax dropped 3% in the past hour? Granted that this is not an obscene move, but it is out of the ordinary given the past few years, especially considering that the market is down and FFH has tended to show inverse correlation to the market. -Crip
Sea Island Posted January 13, 2014 Posted January 13, 2014 Lighter volume as well it traded half of the average amount
racemize Posted January 13, 2014 Posted January 13, 2014 There is a $10 div to pick up as well yeah, that's coming, when is that ex date?
Crip1 Posted January 13, 2014 Author Posted January 13, 2014 There is a $10 div to pick up as well yeah, that's coming, when is that ex date? TORONTO, ONTARIO--(Marketwire - Jan. 4, 2013) - Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) announces that it has declared a dividend of US$10.00 per share on its outstanding multiple voting and subordinate voting shares, payable on January 29, 2013 to shareholders of record on January 22, 2013. Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada.
Granitepost Posted January 14, 2014 Posted January 14, 2014 The record date is Jan 21 not 22. From the press release: "TORONTO, ONTARIO--(Marketwired - Jan. 3, 2014) - Fairfax Financial Holdings Limited (TSX:FFH)(TSX:FFH.U) announces that it has declared a dividend of US$10.00 per share on its outstanding multiple voting and subordinate voting shares, payable on January 28, 2014 to shareholders of record on January 21, 2014. Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada."
DynamicPerception Posted January 14, 2014 Posted January 14, 2014 Investopedia explains 'Ex-Date' This is the date on which the seller, and not the buyer, of a stock will be entitled to a recently announced dividend. The ex-date is usually two business days before the record date. It is indicated in newspaper listings with an x.
tnp20 Posted January 16, 2014 Posted January 16, 2014 Apparently, its already gone ex here in the USA. Schwab would not let me trade it online today except through their global brokerage. Reason given was that due to Martin Luther day on Monday, 2 business days would be today and friday. So it went ex-today here in the USA.
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