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 $0.44 per share. This payment is scheduled for March 31, 2022, to stockholders of record on March 4, 2022. PotlatchDeltic is a leading Real Estate Investment Trust (REIT) owning approximately 1.8 million acres of timberlands across several states, including Alabama and Idaho. The company is also involved in sustainable forestry, real estate development, and timber sales.

Positive

• Quarterly distribution of $0.44 per share enhances shareholder returns.
• Leading position in sustainable forestry supports long-term growth.

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 $0.44 per share is payable March 31, 2022 to stockholders of record on March 4, 2022.

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/20220211005545/en/

(Investors)

Jerry Richards

509-835-1521

(Media)

Anna Torma

509-835-1558

Source: PotlatchDeltic

FAQ

What is the latest dividend declared by PotlatchDeltic Corporation?

PotlatchDeltic Corporation declared a dividend of $0.44 per share, payable on March 31, 2022.

When will the dividend be paid to shareholders of PotlatchDeltic?

The dividend will be paid on March 31, 2022, to shareholders who are on record as of March 4, 2022.

What is the stock symbol for PotlatchDeltic Corporation?

The stock symbol for PotlatchDeltic Corporation is PCH.

How many acres of timberlands does PotlatchDeltic own?

PotlatchDeltic owns approximately 1.8 million acres of timberlands across several states.