Item 8.01 Other Events
On August 19, 2008, American Bancorp of New Jersey, Inc. (the "Company")
announced that its Board of Directors has declared a quarterly cash dividend of
$0.05 per share to stockholders of record as of September 10, 2008 payable on or
about September 24, 2008.
The Company also announced the completion of its stock repurchase program
announced on January 3, 2008 and the initiation of a new program to repurchase
up to an additional 5% of its outstanding shares in the open market or in
privately negotiated transactions. These shares will be purchased from time to
time depending upon market conditions.
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