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8-K - FORM 8-K - HMG COURTLAND PROPERTIES INChmg_8k.htm


Exhibit 99.01

 

NEWS RELEASE

 

FOR IMMEDIATE RELEASE

 

FOR: HMG/COURTLAND PROPERTIES, INC.
  1870 South Bayshore Drive
  Coconut Grove, Florida 33133
  (305) 854-6803

 

  Company Contacts: Maurice Wiener
    Larry Rothstein

 

HMG/COURTLAND PROPERTIES, INC. DECLARES DIVIDEND

 

COCONUT GROVE, FLORIDA, October 21, 2013 - HMG/Courtland Properties, Inc. (NYSE Amex: 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.