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Any ideas...


Crip1

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...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

 

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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.

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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."

 

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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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