- Current report filing (8-K)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 24, 2009

K-Fed Bancorp

(Exact name of registrant as specified in its charter)

Federal 000-50592 20-0411486

(State or other jurisdiction of incorporation) (Commission File No.) (I.R.S. Employer Identification No.)

1359 N. Grand Avenue, Covina, CA 91724

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (626) 339-9663

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 8.01. Other Events.

On January 24, 2009, K-Fed Bancorp’s Board of Directors declared a quarterly cash dividend of $0.11 per share on its common stock. The dividend will be paid on February 27, 2009 to the shareholders of record on February 13, 2009.

A copy of the press release is included as Exhibit 99.1 to this report.

ITEM 9.01. Financial Statements and Exhibits.

(d) Exhibits.

99.1 – K-Fed Bancorp press release dated January 26, 2009.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

K-FED BANCORP

Date: January 26, 2009 By: /s/ Kay M. Hoveland

Kay M. Hoveland

President and Chief Executive Officer

EXHIBIT 99.1

K-FED BANCORP

1359 N. Grand Avenue

Covina, California 91724-1016

For Additional Information Contact:

Kay Hoveland, President/CEO

Dustin Luton, Chief Financial Officer

(626) 339-9663

K-FED BANCORP DECLARES QUARTERLY DIVIDEND

Covina, California – January 26, 2009 – K-FED Bancorp (NASDAQ: KFED) announced today that on January 24, 2009 its Board of Directors declared a quarterly cash dividend of $0.11 per share on its common stock. The dividend will be paid on February 27, 2009 to the shareholders of record as of the close of business on February 13, 2009.

K-FED Mutual Holding Company, the parent company of K-FED Bancorp which holds 8,861,750 of the outstanding shares of K-Fed Bancorp, waived its receipt of the dividend.

K-FED Bancorp is the parent corporation for Kaiser Federal Bank, a federally chartered savings association headquartered in Covina, California. The Bank operates three full service branches and six financial service centers in California, as well as a statewide network of 54 ATMs.

K-FED Bancorp stock trades on NASDAQ under the KFED symbol, for additional information, visit www.k-fed.com or www.kaiserfederal.com .