The magnetic field strength \( B_H \) at a neutral point on the equatorial axis of a dipole is given by:
\[
B_H = \frac{\mu_0 m}{4\pi r^3}
\]
where \( m \) is the pole strength, \( r \) is the distance from the center of the magnet, and \( \mu_0 \) is the permeability of free space.
Given the distance between the neutral points as 8 cm, and using the provided value of \( B_H \), we can solve for the pole strength \( m \). The result comes out to be \( 0.25 \, \text{A-m}^2 \). Therefore, the correct answer is (B).