TORONTO
,
Nov. 2
/CNW/ - DundeeWealth Inc. (TSX: DW) today announced that its board of directors has approved the payment of a quarterly cash dividend of
$0.035
per common and special share, payable on
January 4, 2010
, or as otherwise provided under the terms of any applicable escrow agreements, to shareholders of record on
December 21, 2009
.
The dividend is designated as an eligible dividend for the purposes of section 89 of the Income Tax Act (
Canada
).
About DundeeWealth Inc.
DundeeWealth is a Canadian owned, independent wealth management company that oversees
$65.4 billion
in assets under management and administration. 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: John Pereira, Chief Financial Officer, DundeeWealth Inc., (416) 365-5180; Myra Reisler, Manager, Public Affairs, DundeeWealth Inc., (416) 365-5370
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