Item 8.01. Other Events.

At their March 26, 2009 meeting, the Board of Directors of First Litchfield Financial Corporation declared a quarterly cash dividend of five cents ($0.05) per share, a reduction from prior quarters in which the Company has paid quarterly cash dividends of 15 cents ($0.15) per share.

The dividend will be paid on April 30, 2009 to shareholders of record on April 10, 2009.

Item 9.01 Financial Statements and Exhibits.

(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
99.1 Press release dated March 27, 2009.