PRESS RELEASE
Contact: Fred G. Kowal
President and Chief Operating Officer
(973) 748-3600
American Bancorp of New Jersey, Inc.
American Bank of New Jersey
365 Broad Street
Bloomfield, NJ 07003-2798
NASDAQ National Market "ABNJ" For Immediate Release
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December 1, 2005
AMERICAN BANCORP OF NEW JERSEY, INC.
ANNOUNCES CASH DIVIDEND
Bloomfield, New Jersey - December 1, 2005 - 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
December 12, 2005 payable on or about December 23, 2005.
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.