American Bancorp of New Jersey, Inc. Announces Quarterly Cash Dividend
November 19 2008 - 9:30AM
Business Wire
American Bancorp of New Jersey, Inc. (NASDAQ: ABNJ) (the Company),
holding company of American Bank of New Jersey (the Bank),
announced today that its Board of Directors has declared a
quarterly cash dividend of $0.05 per share to stockholders of
record as of December 10, 2008 payable on or about December 24,
2008. The payment of future dividends will be subject to the
Board's periodic review of the financial condition, earnings, and
capital requirements of the Company and the Bank. As of September
30, 2008, the Company had consolidated total assets of $621.6
million and stockholders' equity of $90.8 million. The Bank is a
federally chartered stock savings bank which conducts business from
its administrative headquarters in Bloomfield, New Jersey and its
branch offices in Bloomfield, Cedar Grove, Verona, Nutley and
Clifton, New Jersey. The foregoing material contains
forward-looking statements concerning our financial condition,
results of operations and business. We caution that such statements
are subject to a number of uncertainties and actual results could
differ materially, and, therefore, readers should not place undue
reliance on any forward-looking statements. We do not undertake,
and specifically disclaim, any obligation to publicly release the
results of any revisions that may be made to any forward-looking
statements to reflect the occurrence of anticipated or
unanticipated events or circumstances after the date of such
statements.
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