PotlatchDeltic Board Declares Distribution on Common Stock

Rhea-AI Summary

PotlatchDeltic (Nasdaq: PCH) has announced its board of directors has declared a quarterly distribution of $0.45 per share on the company's common stock. The distribution will be payable on March 31, 2025, to stockholders of record as of March 7, 2025.

Positive

• Maintained quarterly dividend distribution of $0.45 per share, demonstrating commitment to shareholder returns

Negative

• None.

Insights

Financial Analyst

PotlatchDeltic's declared quarterly distribution of $0.45 per share maintains their steady dividend policy, an essential aspect for timber REITs. In the current market environment, this distribution demonstrates the company's commitment to shareholder returns despite ongoing volatility in lumber prices and housing market dynamics.

The timing of this announcement is particularly relevant given the recent challenges in the housing construction sector, which directly impacts timber demand. However, PCH's diversified operations across timberland management, wood products manufacturing and real estate have historically provided stable cash flows to support consistent distributions.

Looking at the broader context, timber REITs like PotlatchDeltic benefit from unique advantages in the current economic climate. Their hard assets (timber and land) serve as natural inflation hedges, while sustainable harvest practices ensure long-term yield stability. The maintained dividend level signals management's confidence in the company's ability to generate sufficient cash flow to support shareholder distributions while maintaining operational flexibility.

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, 2025 to stockholders of record on March 7, 2025.

About PotlatchDeltic

PotlatchDeltic (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) with ownership of 2.1 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 corporate responsibility. More information can be found at www.potlatchdeltic.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250207731134/en/

(Investors)

Wayne Wasechek

509-835-1521

(Media)

Anna Torma

509-835-1558

Source: PotlatchDeltic Corporation

FAQ

What is PotlatchDeltic's (PCH) dividend amount for Q1 2025?

PotlatchDeltic (PCH) declared a quarterly dividend of $0.45 per share for Q1 2025.

When is the payment date for PotlatchDeltic's (PCH) latest dividend?

The dividend payment date is March 31, 2025.

What is the record date for PotlatchDeltic's (PCH) March 2025 dividend?

The record date for PotlatchDeltic's dividend is March 7, 2025.

How often does PotlatchDeltic (PCH) pay dividends?

PotlatchDeltic pays dividends on a quarterly basis.