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PotlatchDeltic Board Declares Distribution on Common Stock
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
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Rhea-AI Summary
The board of directors of PotlatchDeltic Corporation (Nasdaq: PCH) has declared a quarterly distribution of $0.44 per share, payable on September 30, 2022. Stockholders of record on September 20, 2022 will receive this distribution. PotlatchDeltic is a leading Real Estate Investment Trust, managing about 1.8 million acres of timberlands across five states, along with operations in sawmills and real estate development. The company emphasizes sustainable forest practices and responsible governance.
Positive
Quarterly distribution of $0.44 per share announced.
Strong commitment to sustainable forest practices.
Diverse operations including sawmills and real estate development.
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 September 30, 2022 to stockholders of record on September 20, 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, 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.
