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4-Traders Homepage  >  Equities  >  Toronto Stock Exchange  >  Dundee Corp.    DC.A   CA2649011095

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Dundee Corporation : Declares Quarterly First Preference Shares, Series 3 Dividend

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02/17/2017 | 07:51pm CEST

TORONTO, ONTARIO--(Marketwired - Feb 17, 2017) - Dundee Corporation (TSX:DC.A)(TSX:DC.PR.D) ("Dundee") announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.284178 per cumulative floating rate first preference share, series 3 payable on March 31, 2017 to shareholders of record on March 17, 2017.

The dividend is designated as an eligible dividend for the purposes of section 89 of the Income Tax Act (Canada).

ABOUT DUNDEE CORPORATION

Dundee is a public Canadian independent holding company listed on the Toronto Stock Exchange. Through its operating subsidiaries, Dundee is engaged in diverse business activities in the areas of its core competencies including investment advisory and corporate finance, energy, resources, agriculture, real estate and infrastructure. Dundee also holds, directly and indirectly, a portfolio of investments mostly in these core focus areas, as well as other select investments in both publicly listed and private companies.


© Marketwired 2017
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Mean consensus OUTPERFORM
Number of Analysts 1
Average target price 11,0  CAD
Spread / Average Target 176%
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Managers
NameTitle
David J. Goodman President, Chief Executive Officer & Director
Robert L. McLeish Independent Chairman
Mark E. Goodman Chief Operating Officer, Director & Executive VP
Lucie Olivia Presot Chief Financial Officer & Executive Vice President
Paul L. Stapleton Vice President-Information Technology
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