PotlatchDeltic Board Declares Distribution on Common Stock

Rhea-AI Summary

PotlatchDeltic Corporation (Nasdaq: PCH) has announced a quarterly distribution of $0.44 per share on its common stock. This distribution is set to be paid on June 30, 2022, to stockholders recorded by June 3, 2022. PotlatchDeltic, a leading Real Estate Investment Trust (REIT), manages approximately 1.8 million acres of timberlands across six states and operates multiple sawmills and a plywood mill. The company emphasizes its commitment to sustainable forest practices and responsible governance.

Positive

• Quarterly distribution of $0.44 per share declared.
• Scheduled payment date of June 30, 2022, enhances shareholder returns.
• Strong asset base with approximately 1.8 million acres of timberlands.

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 June 30, 2022 to stockholders of record on June 3, 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/20220505006154/en/

(Investors)

Jerry Richards

509-835-1521

(Media)

Anna Torma

509-835-1558

Source: PotlatchDeltic Corporation

FAQ

What is the quarterly distribution amount for PotlatchDeltic Corporation (PCH)?

PotlatchDeltic Corporation declared a quarterly distribution of $0.44 per share.

When will the distribution for PotlatchDeltic Corporation (PCH) be paid?

The distribution will be paid on June 30, 2022.

What is the record date for PotlatchDeltic Corporation's (PCH) distribution?

The record date for the distribution is June 3, 2022.

How many acres of timberlands does PotlatchDeltic Corporation (PCH) own?

PotlatchDeltic Corporation owns approximately 1.8 million acres of timberlands.