TORONTO, ONTARIO--(Marketwire - March 8, 2011) - Dundee Corporation (TSX:DC.A)(TSX:DC.PR.B) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.42188 per cumulative 5-year rate reset first preference share, series 2 payable on March 31, 2011 to shareholders of record on March 17, 2011.