DundeeWealth Inc.

DundeeWealth Inc.

August 10, 2007 11:56 ET

DundeeWealth Declares Quarterly First Preference Shares, Series 1 Dividend

TORONTO, ONTARIO--(Marketwire - Aug. 10, 2007) - DundeeWealth Inc. (TSX:DW)(TSX:DW.PR.A) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.29688 per first preference share, series 1 payable on October 1, 2007 to shareholders of record on September 17, 2007.

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

DundeeWealth is a Canadian owned wealth management company. Through its various subsidiaries, including Dundee Bank of Canada, a Schedule I chartered bank, DundeeWealth creates and provides investment solutions as well as capital markets and advisory services for financial advisors, institutions, corporations and foundations. DundeeWealth oversees $63.9 billion in assets under management and administration through independent financial advisors across Canada. It is listed on the Toronto Stock Exchange (TSX:DW).

Contact Information

  • DundeeWealth Inc.
    David Goodman
    President and CEO
    (416) 365-2571
    DundeeWealth Inc.
    Joanne Ferstman
    Chief Financial Officer
    (416) 365-5010