Arden Group, Inc. Declares Quarterly Dividend

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 April 20, 2012 to stockholders of record as of the close of business on March 30, 2012. As of December 30, 2011, there were 3,071,000 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.

Copyright Business Wire 2010

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