TORONTO, May 5 /CNW/ - DundeeWealth Inc. (TSX: DW and 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 June 30,
2009 to shareholders of record on June 16, 2009.
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, independent wealth management company
that oversees $55.2 billion in fee earning assets. It provides diversified
wealth management and investment solutions including alternative and
tax-advantaged products, capital markets and advisory services to financial
advisors, institutions, corporations and foundations, and innovative wealth
management through independent financial advisors across Canada. Its award
winning investment brand, Dynamic Funds, managed by Goodman & Company,
Investment Counsel Ltd., is also available outside of Canada through
distribution platforms in Europe and the United States. DundeeWealth is listed
on the Toronto Stock Exchange (TSX: DW).
For further information:
For further information: Joanne Ferstman, Vice Chairman, Chief Financial
Officer and Head of Capital Markets, DundeeWealth Inc., (416) 365-5010; or
Myra Reisler, Manager, Media Relations, DundeeWealth Inc., (416) 365-5370