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Food & Beverage Sector: Arden Group Declares 25 Cent Dividend

May 17, 2010 (FinancialWire) — Arden Group, Inc. (NASDAQ: ARDNA) said that its board of directors has declared a regular quarterly dividend of 25 cents per share of class A common stock, payable on July 20, 2010 to stockholders of record as of the close of business on June 30, 2010.

As of April 3, 2010, there were 3,161,098 class A shares of the company outstanding.

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

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