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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

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                                    FORM 8-K
                                 CURRENT REPORT

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     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of report (Date of earliest event reported): January 26, 2006

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                          ASTORIA FINANCIAL CORPORATION
             (Exact name of registrant as specified in its charter)

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           Delaware                      001-11967               11-3170868
(State or other jurisdiction of   (Commission File Number)     (IRS Employer
 incorporation or organization)                              Identification No.)

          ONE ASTORIA FEDERAL PLAZA, LAKE SUCCESS, NEW YORK 11042-1085
          (Address of principal executive offices, including zip code)

       Registrant's telephone number, including area code: (516) 327-3000

                                 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 (see General Instruction A.2. below):

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

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

[ ]  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))

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ITEMS 1, 3 THROUGH 7  NOT APPLICABLE.

ITEM 2.02.    RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

     On January 26, 2006, Astoria Financial Corporation ("Astoria") issued a
press release which, among other things, highlights the Company's financial
results for the fourth quarter and full year ended December 31, 2005. A copy of
the press release is included herewith as an exhibit to this report.

ITEM 8.01     OTHER EVENTS

     Astoria further announced in its press release dated January 26, 2006 that
the Board of Directors, at their January 25, 2006 meeting, declared a quarterly
cash dividend of $0.24 per share, representing a 20% increase. The cash dividend
is payable on March 1, 2006 to shareholders of record as of February 15, 2006.

ITEM 9.01.    FINANCIAL STATEMENTS AND EXHIBITS.

(d)  Exhibits.

     Exhibit 99.1  Press release dated January 26, 2006.

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                                    SIGNATURE

     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.

                                              ASTORIA FINANCIAL CORPORATION


                                              By: /s/ Peter J. Cunningham.
                                                  ------------------------------
                                                  Peter J. Cunningham
                                                  First Vice President and
                                                  Director of Investor Relations


Dated: January 26, 2006

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                                  EXHIBIT INDEX

EXHIBIT
NUMBER      DESCRIPTION
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   99.1     Press release dated January 26, 2006.

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