LOS ANGELES--(BUSINESS WIRE)-- Arden Group, Inc. (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 19, 2013 to stockholders of record as of the close of business on March 29, 2013. As of December 28, 2012, there were 3,071,000 Class A shares outstanding.

Arden Group, Inc. is the parent company of Gelsons Markets which operates 17 full-service supermarkets in Southern California carrying both perishable and grocery products.

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

Source: Arden Group, Inc.