* Canaccord reports fiscal Q2 of C$6.7 million

* GMP says earnings up to C$8.4 million, revenue slips

TORONTO, Nov 5 (Reuters) - Canadian investment dealer Canaccord Capital Inc (CCI.TO: Quote, Profile, Research) reinstated its dividend after a strong performance helped by higher trading and investment banking revenues, but results from GMP Capital Inc (GMP.TO: Quote, Profile, Research) came in well below expectations.

For the quarter ended Sept. 30, Vancouver-based Canaccord earned C$6.7 million ($6.3 million), or 12 Canadian cents a share, compared with a net loss of C$5.4 million, or 11 Canadian cents a share, in the same quarter a year ago.

The result was in line with average analyst profit estimates for 12 Canadian cents a share, according to Thomson Reuters I/B/E/S.

Results were driven by a 12 percent rise in revenue to C$123.7 million. Investment banking revenue grew 40 percent to C$47.6 million, helped by stronger capital markets activity in the United States.

Canaccord said improved operating performance allowed it to approve a quarterly dividend of 5 Canadian cents per share. The company suspended the dividend last year to protect capital.

Canaccord stock was down 2.67 percent to C$10.92 a share.

GMP DISAPPOINTS