American Bancorp of New Jersey, Inc. Announces Cash Dividend
September 06 2006 - 2:00PM
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 $0.04 per share to stockholders of
record as of September 18, 2006 payable on or about September 26,
2006. The cash dividend is being paid to provide a return to
stockholders, after considering the equity and profitability of the
Company and the Bank. 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. The
Bank is a federally chartered stock savings bank which conducts
business from its main office in Bloomfield, New Jersey and one
branch office in Cedar Grove, 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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