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, 2012 to stockholders of record as of the close of business on December 30, 2011. As of October 1, 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.

CONTACT:

Arden Group, Inc.
Patricia S. Betance
Assistant Secretary
310/638-2842

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:   Retail  Supermarket

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