PotlatchDeltic Board Declares Distribution on Common Stock

Rhea-AI Summary

The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) has declared a quarterly distribution of $0.41 per share. This distribution is payable on September 30, 2021, to shareholders of record as of September 15, 2021. PotlatchDeltic, a leader in sustainable forestry, operates approximately 1.8 million acres of timberland across multiple states, along with sawmills and real estate development businesses. The company emphasizes environmental responsibility in its operations.

Positive

• Quarterly distribution of $0.41 per share indicates strong cash flow and commitment to returning value to shareholders.

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 $0.41 per share is payable September 30, 2021 to stockholders of record on September 15, 2021.

About PotlatchDeltic

PotlatchDeltic (Nasdaq: PCH) is a leading Real Estate Investment Trust (REIT) that owns approximately 1.8 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi. 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 practices, 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/20210901005961/en/

(Investors)

Jerry Richards

509-835-1521

(Media)

Anna Torma

509-835-1558

Source: PotlatchDeltic Corporation

FAQ

What is the dividend distribution by PotlatchDeltic Corporation (PCH) for September 2021?

PotlatchDeltic Corporation (PCH) has declared a quarterly distribution of $0.41 per share, payable on September 30, 2021.

Who are the shareholders of record for PotlatchDeltic Corporation's dividend?

Shareholders of record for the dividend distribution are those on record by September 15, 2021.

What is the significance of PotlatchDeltic Corporation's distribution announcement?

The distribution announcement reflects PotlatchDeltic's strong cash flow and commitment to enhancing shareholder value.