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


                                    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):
                      December 1, 2005 (November 28, 2005)

                              EMERGENT GROUP INC.
                              ------------------

           Nevada                     0-21475                   93-1215401
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 (State or other jurisdiction       (Commission               (IRS Employer
      of incorporation)             File Number)             Identification No.)



    932 Grand Central Avenue, Glendale, CA                             91201
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   (Address of principal executive offices)                          (Zip Code)



Registrant's telephone number, including area code:   (818) 240-8250
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                                 Not Applicable
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         (Former name or former address, if changed since last report.)




Item 8.01.        Other Events

     Pursuant to a Unanimous  Written Consent of the Board of Directors dated as
of November 28, 2005,  the Issuer  declared a special cash  dividend of $.10 per
share  payable on January  5, 2006 to Common  Stock  holders of record as of the
close of business on December 14, 2005.


                                   SIGNATURES

     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.

                               EMERGENT GROUP INC.

                               By: /s/ Bruce J. Haber
                               ----------------------
                               Bruce J. Haber, Chief Executive Officer


Date:  December 1, 2005