Topic: Dividend Stocks

DUNDEE CORP. $19 – Toronto symbol DC.A

DUNDEE CORP. $19 (Toronto symbol DC.A; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 54.1 million; Market cap: $1.0 billion; Price-to-sales ratio: 2.2; No dividends paid; TSINetwork Rating: Average; www.dundeecorp.com) is a holding company with investments in wealth management, real estate, natural resources and agriculture.

In the three months ended June 30, 2013, Dundee lost $69.3 million, or $1.32 a share. However, that’s a big improvement over the $133.6 million, or $2.47 a share, it lost a year earlier. That’s because the company had fewer losses from its investment portfolio. Revenue rose 2.0%, to $48.0 million from $47.1 million.

Dundee is a buy.

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