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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

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): September 11, 2003

Commission File Number 1-13610

PMC COMMERCIAL TRUST

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Former name, former address and former fiscal year, if changed since last report: NONE

 

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	Item 7. Financial Statements and Exhibits
	Item 12. Results of Operations and Financial Condition
SIGNATURE
EX-99.1 Press Release

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Item 7. Financial Statements and Exhibits

(a)  Not applicable.

(b)  Not applicable.

(c)  Exhibits

99.1 Press Release dated September 11, 2003.

Item 12. Results of Operations and Financial Condition

     On September 11, 2003, PMC Commercial Trust (the “Company”) issued a press release announcing its quarterly dividend declared of $0.38 per share. A copy of the press release is attached as Exhibit 99.1 to this report. This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

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SIGNATURE

Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: September 15, 2003

 

 

EXHIBIT 99.1

FOR IMMEDIATE PRESS RELEASE

 

PMC COMMERCIAL TRUST ANNOUNCES QUARTERLY DIVIDEND
OF $0.38 PER SHARE

PMC Commercial Trust
AMEX (Symbol: “PCC”)

PMC Commercial Trust announced that its Board of Trust Managers (the “Board”) has declared a dividend of $0.38 per common share. The dividend will be paid to shareholders of record September 30, 2003, payable on October 14, 2003.

Dr. Andrew S. Rosemore, Chairman of the Board, stated, “We are pleased that we are able to maintain our current dividend. The Company is committed to maintaining its high level of portfolio performance.”

PMC Commercial Trust is a REIT that originates loans to small businesses secured by real estate and owns various hospitality properties.

Certain matters discussed in this press release are “forward-looking statements” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified as such because the context of the statement will include words such as the Company “expects”, “anticipates”, “will” or words of similar import. Similarly, statements that describe the Company’s future plans, objectives or goals are also forward-looking statements. Such forward-looking statements can be subject to certain risks and uncertainties, including the financial performance of the Company, real estate conditions and market valuations of its stock, which could cause actual results to differ materially from those currently anticipated. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, the Company can give no assurance that its expectations will be attained. Shareholders, potential investors and other readers are urged to consider these factors carefully in evaluating the forward-looking statements. The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.