MIAMI - Dec. 11, 2020 - HMG/Courtland Properties, Inc. (NYSE), announced today that its Board of Directors has declared a dividend of $0.50 per share on the Company's Common Stock payable on January 12, 2021 to shareholders of record as of December 29, 2020.

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.

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Carlos Camarotti