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)

May 25, 2007

MAXCO, INC.

(Exact name of registrant as specified in its charter)

Michigan		0-2762		38-1792842
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

1005 Charlevoix Dr. Suite 100, Grand Ledge, Michigan		48837
(Address of principal executive offices)		(Zip Code)


Registrant's telephone number, including area code	(517) 627-1734

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events

On May 25, 2007, Maxco, Inc. issued a press release announcing that it has declared a cash dividend of $2.00 per share, payable June 29, 2007, to common shareholders of record as of June 20, 2007. The press release is included herewith as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(c)

Exhibits

Exhibit 99.1 Press release dated May 25, 2007

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.

		Maxco, Inc.
		(Registrant)
Date: May 29, 2007		/S/ Lawrence O. Fields
		(Signature)

		Lawrence O. Fields Chief Financial Officer

MAXCO INC 8-K