SOURCE: HMG/Courtland Properties, Inc.

October 21, 2013 16:39 ET

HMG/Courtland Properties, Inc. Declares Dividend

COCONUT GROVE, FL--(Marketwired - Oct 21, 2013) - HMG/Courtland Properties, Inc. (NYSE MKT: HMG), announced today that its Board of Directors has declared a dividend of $4.00 per share on the Company's Common Stock payable on November 8, 2013 to shareholders of record as of November 1, 2013.

Cautionary Statement
This release contains "forward-looking statements" that reflect the company's current expectations about its future plans, including dividends. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and which are subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statements, made by the company. Please refer to the company's most recent Form 10-K and subsequent filings for a further discussion of these risks and uncertainties. The company disclaims any obligation or intent to update the forward-looking statements in order to reflect events and circumstances after the date of the release.

Contact Information

    1870 South Bayshore Drive
    Coconut Grove, Florida 33133
    (305) 854-6803

    Company Contacts:
    Maurice Wiener
    Larry Rothstein