Item 7.01 Regulation FD Disclosure.

On March 17, 2009, PMC Commercial Trust issued a press release announcing, among other things, that its Board of Trust Managers declared a quarterly dividend of $0.225 per common share, payable on April 13, 2009 to shareholders of record on March 31, 2009.

The information disclosed under this Item 7.01, including exhibit 99.1 hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

99.1 Press Release dated March 17, 2009.*

* Furnished herewith

---