Arden Realty Inc. announces second-quarter 1997 dividend.

BEVERLY HILLS, Calif.--(BUSINESS WIRE)--July 3, 1997--Arden Realty Inc. (NYSE NYSE

See: New York Stock Exchange :ARI ARI Acute respiratory infection, see there ) Thursday declared its second-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 Aug. 15, 1997, to holders of record of common stock at the close of business on July 17, 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, 310/271-8600

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Publication:	Business Wire
Date:	Jul 3, 1997
Words:	81
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