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PotlatchDeltic Corporation - PCH STOCK NEWS

Welcome to our dedicated page for PotlatchDeltic Corporation news (Ticker: PCH), a resource for investors and traders seeking the latest updates and insights on PotlatchDeltic Corporation stock.

PotlatchDeltic Corporation (NASDAQ: PCH) is a leading Real Estate Investment Trust (REIT) in the United States, specializing in the ownership and management of timberlands. With 1.8 million acres spread across Alabama, Arkansas, Idaho, Louisiana, Minnesota, and Mississippi, the company plays a critical role in sustainable forest management. PotlatchDeltic's operations are divided into three main segments: timberlands, wood products, and real estate.

The timberlands segment is involved in planting and harvesting trees, as well as constructing and maintaining access roads. PotlatchDeltic has been a pioneer in sustainable forestry and was the first publicly traded company in the U.S. to become FSC certified. Their commitment to environmental and social responsibility is evident through third-party certifications by the Sustainable Forestry Initiative® (SFI®) and the Forest Stewardship Council® (FSC®).

The wood products segment focuses on manufacturing and distributing lumber, plywood, and other wood products. The company operates six sawmills and an industrial-grade plywood mill, ensuring a steady supply chain for their diverse customer base.

In the real estate segment, PotlatchDeltic engages in residential and commercial real estate development, as well as a rural timberland sales program. This segment also covers sales generated from company-owned timberlands.

PotlatchDeltic’s recent achievements include successful third-party re-certifications for sustainable forestry and the introduction of innovative practices like using drones for herbicide application. Their continuous performance improvement strategy and employee development programs ensure a skilled and motivated workforce.

The company also actively engages with local communities by allowing public recreational access to their timberlands, promoting outdoor activities like hunting, fishing, and camping. This not only underscores their commitment to social responsibility but also strengthens community ties.

Financially, PotlatchDeltic remains robust, with the timberlands and wood products segments driving the majority of the revenue. Their focus on sustainable practices and strategic investments positions them well for future growth and stability.

News

PotlatchDeltic Supports Childcare for Team Members at St. Maries

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PCH announces the expansion of its lumber and plywood complex in St. Maries, Idaho, aiming to enhance production capacity and meet growing market demands. The company's strategic location and commitment to sustainability position it well for future success.
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PotlatchDeltic Board Declares Distribution on Common Stock

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PotlatchDeltic Corporation (PCH) announces a quarterly distribution of $0.45 per share payable on March 29, 2024, to stockholders of record on March 8, 2024.
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Forest Certification: Committed to Third-Party Certification

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PotlatchDeltic announces successful third-party forest certification audits, highlighting sustainable forestry initiatives and commitment to environmental management. The company is certified to the SFI Forest Management Standards on 100% of its timberlands and on 70% of combined timberlands in Arkansas and Louisiana to FSC Forest Management standards. The PR emphasizes the importance of third-party certification in promoting sustainable forest management practices and the continual improvement of forest management practices. PotlatchDeltic's dedication to environmental management is evident through the successful recertification audits and internal audits conducted at every forest district.
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PotlatchDeltic Corporation Reports Fourth Quarter and Full Year 2023 Results

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PotlatchDeltic Corporation (Nasdaq: PCH) reported a net loss of $0.1 million for the quarter ended December 31, 2023, compared to net income of $3.8 million for the same period in 2022. The company's full-year net income for 2023 was $62.1 million, down from $333.9 million in 2022. The company achieved operational milestones in its Timberlands and Wood Products businesses, repurchased 556,000 shares for $25 million, and maintained a strong liquidity position of $529 million as of December 31, 2023. The company also entered into an agreement to sell approximately 34,000 acres of Southern timberlands for $58 million in 2024.
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Climate Change: PotlatchDeltic's Physical Risk Analysis - Idaho Timberlands

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PotlatchDeltic's recent climate analysis evaluates potential physical impacts on its Idaho timberlands due to changes in atmospheric CO2, temperature, and precipitation under various greenhouse gas scenarios. The analysis follows TCFD guidance and utilizes the NCASI Climate Tool to evaluate four Representative Concentration Pathways (RCPs).
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PotlatchDeltic Announces Tax Treatment for 2023 Dividend Distributions

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PotlatchDeltic Corporation (PCH) announced the tax treatment for its 2023 dividend distributions on the company’s Common Stock. The dividend distributions of $1.80 per share are classified for income tax purposes as $1.3124 (72.9%) of Capital Gain Distributions and $0.4876 (27.1%) as a Non-dividend Distribution. Shareholders are encouraged to consult with their tax advisors for specific treatment of PotlatchDeltic distributions.
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PotlatchDeltic Scheduled to Release Fourth Quarter 2023 Earnings on January 29, 2024

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PotlatchDeltic Corporation (PCH) will release fourth quarter earnings on January 29, with a live conference call and webcast on January 30 to discuss the results. Investors can access the webcast at www.potlatchdeltic.com or by conference call. A replay will be available until February 7, 2024.
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PotlatchDeltic Board Declares Distribution on Common Stock

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PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution of $0.45 per share on its common stock. The distribution is payable on December 29, 2023, to stockholders of record on December 15, 2023.
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PotlatchDeltic Partners With United Way and Habitat for Humanity

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PotlatchDeltic partners with United Way to raise funds for local non-profits, achieving a 100% participation rate in 2023 with corporate matching. United Way Week in Spokane involved awareness activities.
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PotlatchDeltic Corporation Reports Third Quarter 2023 Results

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PotlatchDeltic Corporation (Nasdaq: PCH) reported net income of $23.7 million, or $0.29 per diluted share, on revenues of $265.5 million for Q3 2023. Adjusted net income was $11.4 million, or $0.14 per diluted share. The company maintained a strong liquidity position of $602 million as of September 30, 2023.
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FAQ

What is the current stock price of PotlatchDeltic Corporation (PCH)?

The current stock price of PotlatchDeltic Corporation (PCH) is $41.79 as of January 22, 2025.

What is the market cap of PotlatchDeltic Corporation (PCH)?

The market cap of PotlatchDeltic Corporation (PCH) is approximately 3.1B.

What does PotlatchDeltic Corporation do?

PotlatchDeltic Corporation is a Real Estate Investment Trust (REIT) that manages timberlands, manufactures wood products, and develops residential and commercial real estate.

Where are PotlatchDeltic's timberlands located?

PotlatchDeltic owns 1.8 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota, and Mississippi.

What certifications does PotlatchDeltic hold?

PotlatchDeltic is certified by the Sustainable Forestry Initiative® (SFI®) and the Forest Stewardship Council® (FSC®) for sustainable forest management.

How does PotlatchDeltic contribute to sustainable forestry?

The company implements sustainable practices in forest management, engages in third-party certifications, and continuously improves its methods based on scientific discoveries and evolving standards.

What products does PotlatchDeltic manufacture?

PotlatchDeltic manufactures lumber, plywood, and other wood products through its six sawmills and an industrial-grade plywood mill.

Does PotlatchDeltic offer public access to their timberlands?

Yes, PotlatchDeltic allows public access for recreational activities like hunting, fishing, and camping on certain timberlands, particularly in Idaho and the Southeast.

What recent achievements has PotlatchDeltic made in sustainability?

PotlatchDeltic has successfully re-certified its timberlands and introduced innovative practices like drone-based herbicide application.

How does PotlatchDeltic support employee development?

The company offers a wide array of training opportunities, performance improvement strategies, and leadership programs to ensure employee growth and development.

What role does PotlatchDeltic play in community engagement?

PotlatchDeltic engages with communities by providing public recreational access to their timberlands and participating in various outreach and educational initiatives.

What are the main revenue drivers for PotlatchDeltic?

The timberlands and wood products segments are the primary revenue drivers for PotlatchDeltic Corporation.
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PotlatchDeltic Corporation

Nasdaq:PCH

PCH Rankings

#1669 Ranked by Market Cap
#718 Ranked by Dividends

PCH Stock Data

3.05B
76.79M
2.44%
89.8%
1.66%
REIT - Specialty
Paper Mills
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