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: March 8, 2004
Date of earliest event reported: March 5, 2004
MAINE & MARITIMES CORPORATION
(Exact name of registrant as specified in its charter)
Maine
(State or other jurisdiction of
incorporation or organization)
333-103749
(Commission File No.)
30-0155348
(I.R.S. Employer Identification No.)
209 State Street, Presque Isle, Maine 04769
(Address of principal executive offices) (Zip Code)
Registrant's telephone number: 207-760-2499
Maine & Maritimes Corporation
Item 5. Other Events.
--- -------------
Maine & Maritimes Corporation Declares Quarterly Dividend
PRESQUE ISLE, Maine--(BUSINESS WIRE)--March 8, 2004--Maine &
Maritimes Corporation (AMEX ticker MAM) today announced that its Board
of Directors declared a quarterly dividend of $0.38 per share on its
common stock. This action continues Maine & Maritimes Corporation's
indicated annual dividend level of $1.52 per share. The common
dividend is payable April 1, 2004, to shareholders of record as of
March 18, 2004.
Maine & Maritimes Corporation is the parent company of Maine
Public Service Company, an independent transmission and distribution
utility; Energy Atlantic, LLC, a competitive electricity supply
company, both headquartered in Presque Isle, Maine; Maine & Maritimes
Energy Services Company, DBA The Maricor Group, and its Canadian
subsidiary, Maricor Ltd., asset development and lifecycle services
companies. The Company's corporate website is
www.maineandmaritimes.com.
Forward Looking Information:
Except for historical information, all other information provided
in this news release consists of "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of 1935.
These "forward-looking statements" are subject to risks and
uncertainties, which could cause actual results to differ materially
from those projected, anticipated or implied. The most significant of
these risks and uncertainties are discussed and identified in Maine &
Maritimes Corporation's public filings made with the Securities and
Exchange Commission, and include (but are not limited to) a possible
inability to raise adequate capital to execute proposed strategies,
changes in overall strategy due to economic, regulatory, governmental
and/or market conditions, the costs and difficulties related to
integration of potentially acquired businesses, potential changes in
customer and supplier relationships of potentially acquired firms,
changes in governmental regulations, changes in management, and
changes in financial markets.
CONTACT: Maine & Maritimes Corporation
Annette N. Arribas, 207-760-2402
aarribas@maineandmaritimes.com
SIGNATURE
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.
MAINE & MARITIMES CORPORATION
Date: March 8, 2004
By: /S/ J. Nicholas Bayne
---------------------
President & CEO