PotlatchDeltic Board Declares Distribution on Common Stock

Rhea-AI Summary

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) has announced a quarterly distribution of $0.45 per share. This distribution will be payable on March 31, 2023, to shareholders of record as of March 3, 2023. PotlatchDeltic is a leading Real Estate Investment Trust (REIT) that manages nearly 2.2 million acres of timberlands across several states including Alabama, Arkansas, and Georgia. The company operates six sawmills and an industrial-grade plywood mill, emphasizing sustainable forest management and responsible governance.

Positive

• Quarterly distribution of $0.45 per share reflects shareholder value.
• Ownership of nearly 2.2 million acres of timberlands indicates strong asset base.

Negative

• None.

SPOKANE, Wash.--(BUSINESS WIRE)-- The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) declared a quarterly distribution on the Company's common stock. The distribution of $0.45 per share is payable March 31, 2023 to stockholders of record on March 3, 2023.

About PotlatchDeltic

PotlatchDeltic (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) that owns nearly 2.2 million acres of timberlands in Alabama, Arkansas, Georgia, Idaho, Louisiana, Mississippi, and South Carolina. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to environmental and social responsibility and to responsible governance. More information can be found at www.potlatchdeltic.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230210005315/en/

(Investors)

Jerry Richards

509-835-1521

(Media)

Anna Torma

509-835-1558

Source: PotlatchDeltic Corporation

FAQ

What is the quarterly distribution announced by PotlatchDeltic Corporation (PCH)?

PotlatchDeltic Corporation announced a quarterly distribution of $0.45 per share.

When is the distribution payable for PotlatchDeltic Corporation (PCH)?

The distribution is payable on March 31, 2023.

Who receives the quarterly distribution from PotlatchDeltic Corporation (PCH)?

Shareholders of record as of March 3, 2023, will receive the distribution.

What does PotlatchDeltic Corporation (PCH) do?

PotlatchDeltic Corporation is a Real Estate Investment Trust that owns timberlands and operates sawmills.

How much land does PotlatchDeltic Corporation (PCH) manage?

PotlatchDeltic Corporation manages nearly 2.2 million acres of timberlands.