Fairfax Financial Holdings Ltd. declared an annual dividend of US$10 per share on its outstanding multiple voting and subordinate voting shares.

The dividend is payable Jan. 28 to shareholders of record as of Jan. 18.

Fairfax said the amount of the dividend reflects its and its insurance and reinsurance companies' operating results, along with the holding company cash position, and therefore should not be regarded as indicative of any future dividend amount.