American Bancorp of New Jersey, Inc. Announces Quarterly Cash Dividend
February 20 2009 - 11:30AM
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 March 10, 2009 payable on or about March 24, 2009.
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 December 31, 2008, the Company had consolidated total
assets of $628.8 million and stockholders' equity of $92.4 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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