Study of Sr[(Mg0.32Co0.02) Nb0.66]O3 [SMCN] thin films prepared by Pulsed Laser Deposition Technique (PLD) were carried out in the temperature range of 150 to 450K and frequency range of 100KHz to 1.1MHz. X-ray diffraction of the thin film shows single phase formation with monoclinic symmetry. The dielectric properties show enhanced ε' values compared to bulk suggesting promising applications in alternative technologies. Due to simultaneous increase in dissipation factor with temperature the net ac conductivity is found to be decreasing. Technologically important two step activation energy is observed in the film. This property can be used in switching devices. In low temperature region the activation energy corresponds to shallow traps while the migration of oxygen vacancies contributes in high temperature region.