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Arden Realty Inc. announces first-quarter 1997 dividend.


BEVERLY HILLS, Calif.--(BUSINESS WIRE)--March 31, 1997--Arden Realty Inc. (NYSE NYSE

See: New York Stock Exchange
:ARI ARI Acute respiratory infection, see there ) Monday declared its first-quarter dividend of 40 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
.

The dividend will be paid on May 14, 1997, to holders of record of common stock at the close of business on April 30, 1997.

Arden is a self-administered, self-managed real estate investment trust (REIT REIT

See: Real Estate Investment Trust


REIT

See real estate investment trust (REIT).
) engaged in owning, acquiring, managing, leasing and renovating office properties in Southern California.

CONTACT: Arden Realty Inc., Beverly Hills

Diana M. Laing, 31/271-8600
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 31, 1997
Words:81
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