MINNETONKA, Minn., July 24 /PRNewswire-FirstCall/ -- AMERICAN CHURCH MORTGAGE COMPANY (Pink Sheets: ACMC), Minnetonka, Minnesota, announced the declaration by its Board of Directors of a shareholder dividend for its second quarter ended June 30, 2008 of $.10 per share, representing an annualized dividend yield of 4.00%. The dividend is to be paid on July 31, 2008 to shareholders of record as of June 30, 2008. The Company operates as a real estate investment trust and revenues of the Company are derived primarily from interest income earned from loans to churches and other non-profit religious organizations. Information concerning ACMC is available on its website, http://www.church-loans.net/ or by calling (800) 815-1175 extension 124. DATASOURCE: American Church Mortgage Company CONTACT: American Church Mortgage Company, 1-800-815-1175, ext. 124 Web site: http://www.church-loans.net/

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