Dundee Corporation
TSX : DBC.A
TSX : DBC.PR.A

Dundee Corporation

November 13, 2006 11:54 ET

Dundee Corporation Declares First Preference Shares, Series 1 Dividend

TORONTO, ONTARIO--(CCNMatthews - Nov. 13, 2006) - Dundee Corporation (TSX:DBC.A)(TSX:DBC.PR.A) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.3125 per first preference share, series 1 payable on January 2, 2007 to shareholders of record on December 19, 2006.

Dundee Corporation is primarily a holding company dedicated to wealth management, real estate and resources. Its domestic financial service activities are carried out through its 61% owned subsidiary, Dundee Wealth Management Inc., a company with $54.1 billion in assets under management and administration. Dundee Corporation's real estate activities are conducted through its approximate 78% owned subsidiary, Dundee Realty Corporation which operates a land and housing business in Canada and the United States. Real estate activities also include an approximate 25% interest in Dundee REIT, a Canadian real estate investment trust, which owns a diversified portfolio of high quality office and industrial properties across Canada. Resource activities are carried out through its wholly owned subsidiary Dundee Resources Ltd.

Contact Information

  • Dundee Corporation
    Joanne Ferstman
    Executive Vice President and Chief Financial Officer
    (416) 365-5010