Arden Group, Inc. Declares Quarterly Dividend

November 14, 2008 11:52 AM EST

LOS ANGELES--(BUSINESS WIRE)-- Arden Group, Inc. (Nasdaq: ARDNA) announced that its Board of Directors has declared a regular quarterly dividend of 25 cents per share of Class A Common Stock payable on January 20, 2009 to stockholders of record as of the close of business on December 31, 2008. As of September 27, 2008, there were 3,161,098 Class A shares outstanding.

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.


    Source: Arden Group, Inc.


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