May 13, 2010 (FinancialWire) — Griffin Land & Nurseries, Inc. (NASDAQ: GRIF) said that its board of directors has declared a quarterly cash dividend of $0.10 per share on Griffin's common stock.

The dividend is payable on June 3, 2010 to holders of record at the close of business on May 27, 2010.  

New York-based Griffin operates a real estate business, Griffin Land, and Imperial Nurseries, its landscape nursery business. Griffin also has investments in Centaur Media plc, a UK-based firm, and Shemin Nurseries Holdings, a private company that operates a landscape nursery distribution business through its subsidiary, Shemin Nurseries, Inc.  

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