Dundee Corporation Declares Quarterly First Preference Shares, Series 2 Dividend
TORONTO, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.PR.B) ("Dundee") announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.33025 per cumulative 5-year rate reset first preference share, series 2 payable on January 2, 2024 to shareholders of record on December 19, 2023.
The dividend is designated as an eligible dividend for the purposes of section 89 of the Income Tax Act (Canada).
ABOUT DUNDEE CORPORATION
Dundee Corporation is a public Canadian independent holding company, listed on the Toronto Stock Exchange under the symbol "DC.A". Through its operating subsidiaries, Dundee Corporation is an active investor focused on delivering long-term, sustainable value as a trusted partner in the mining sector with more than 30 years of experience making accretive mining investments.
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Q3 2024 Highlights
Revenue was $100.1 million, compared to $140.9 million in Q3 2023.Net loss was $14.7 million, compared with net income of $19.4 million in Q3 2023.Adjusted EBITDA1 was $19.6 million, compared to $32.9 million in the prior-year...
