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: 2.8; No dividends paid; TSINetwork Rating: Average; www.dundeecorp.com) owns businesses in the wealth management, real estate, natural resource and agriculture industries.

In the three months ended September 30, 2013, Dundee earned $2.6 million, or $0.01 a share. That’s a big drop from the $21.2 million, or $0.34 a share, it earned a year earlier. Dundee’s earnings fell on higher costs as it expands its agricultural businesses. Revenue fell 14.5%, to $41.2 million from $48.2 million.

Dundee is still a buy.

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