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Arden Group (ARDNA) Approves $0.25 Per Share Quarterly Dividend

May 15, 2009 11:53 AM EDT
ARDNA Hot Sheet
Dividend Yield: 1.2%
Arden Group, Inc. (Nasdaq: ARDNA) has declared a regular quarterly dividend of 25 cents per share of Class A Common Stock payable on July 20, 2009 to stockholders of record as of the close of business on June 30, 2009. As of April 4, 2009, there were 3,161,098 Class A shares outstanding.

Current annual dividend yield is 0.90%.

Arden Group, Inc. is the parent company of Gelson's Markets which operates 18 full-service supermarkets in Southern California carrying both perishable and grocery products. [SM]

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