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Fairfax Announces Quarterly Dividend on Series G, H, I, J and K Preferred Shares and Quarterly Dividend Rate for Series J Preferred Shares
Globenewswire· 2025-09-02 21:02
Group 1 - Fairfax Financial Holdings Limited has declared quarterly dividends per share on its preferred shares, with specific amounts and payment dates outlined for Series G, H, I, J, and K [1] - The dividend amounts for Series G, H, I, J, and K are C$0.185125, C$0.32792, C$0.207938, C$0.34620, and C$0.315313 respectively, with payment dates on September 29 and 30, 2025 [1] - Applicable Canadian withholding tax will be applied to dividends payable to non-residents of Canada [1] Group 2 - Fairfax has determined the quarterly dividend rate for its floating rate preferred shares for the period from September 30, 2025, to December 30, 2025, with Series J having a rate of 1.38907% and an annualized rate of 5.51099% [2] - The dividend per share for Series J is set at C$0.34727 for the specified period [2] - Fairfax operates primarily in property and casualty insurance and reinsurance, along with associated investment management through its subsidiaries [2] Group 3 - Fairfax intends to redeem all outstanding Cumulative 5-Year Rate Reset Preferred Shares, Series G, and all outstanding Cumulative Floating Rate Preferred Shares, Series H, on September 30, 2025 [3]
品牌矩阵构建锦江酒店增长引擎
Quan Jing Wang· 2025-07-17 05:29
Core Insights - Jin Jiang Hotels has established a strong growth engine through a diverse brand matrix, positioning itself as the largest hotel group in China and the second largest globally in terms of room count [1] Group 1: Brand Strategy - The brand layout of Jin Jiang Hotels covers the entire market spectrum from economy to high-end, with economy brands like Jin Jiang Inn and 7 Days catering to budget-conscious travelers [1] - Mid-range brands such as Vienna International and Lavande focus on enhancing quality and experience, targeting specific consumer groups with unique themes and services [1] - High-end brands like J and Kunlun offer luxurious facilities and exceptional service, appealing to high-end business and leisure travelers [1] Group 2: Operational Efficiency - The implementation of the "three-in-one" reform has led to the establishment of a "three-platform" support system, optimizing resource allocation across brands, membership, and supply chains [2] - As of the end of 2024, Jin Jiang Hotels has signed contracts for over 17,000 hotels, totaling 1.64 million rooms, with more than 200 million effective members [2] - The company has a widespread domestic presence with 13,416 operational hotels and has expanded its global footprint to 55 countries and regions through acquisitions [2] Group 3: Innovation and Financial Performance - Jin Jiang Hotels is pushing for brand innovation with the "12+3+1" strategy, aiming to create 12 brands with over 1,000 stores each by 2028 and develop three core mid-to-high-end brands [3] - In 2024, the company reported a revenue of 14.063 billion yuan, with domestic hotel business revenue at 9.565 billion yuan and overseas hotel business revenue at 4.256 billion yuan [3] - The proportion of mid-to-high-end hotels has increased, with 60.76% of its stores classified as mid-range or above by the end of 2024 [3] Group 4: Future Prospects - Jin Jiang Hotels has submitted an application for listing on the Hong Kong Stock Exchange, which, if successful, would make it the first hotel group in China to achieve a dual listing [3] - The funds raised from the listing will be used for overseas expansion, digital transformation, loan repayment, and working capital supplementation [3] - The company plans to leverage its brand matrix advantage to deepen its domestic market presence and increase investments in European and Asia-Pacific markets to enhance global competitiveness [3]
Fairfax Announces Quarterly Dividend on Series G, H, I, J and K Preferred Shares and Quarterly Dividend Rate for Series H and J Preferred Shares
Globenewswire· 2025-06-02 21:02
Dividend Announcements - Fairfax Financial Holdings Limited has declared quarterly dividends per share on its preferred shares, with specific amounts and payment dates outlined for Series G, H, I, J, and K [1] - The dividends for Series G, H, I, J, and K are C$0.185125, C$0.33645, C$0.207938, C$0.35452, and C$0.315313 respectively, with payment dates on June 30, 2025, and June 27, 2025 [1] Floating Rate Preferred Shares - The company has determined the quarterly dividend rates for the period from June 30, 2025, to September 29, 2025, for its floating rate preferred shares [2] - Series H has a rate of 1.31169% (annualized 5.20399%) with a dividend of C$0.32792, while Series J has a rate of 1.38479% (annualized 5.49399%) with a dividend of C$0.34620 [2] Company Overview - Fairfax is primarily engaged in property and casualty insurance and reinsurance, along with associated investment management through its subsidiaries [2]