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    PotlatchDeltic Announces Tax Treatment for CatchMark's 2022 Dividend Distributions

    1/18/23 4:45:00 PM ET
    $PCH
    $CTT
    Real Estate Investment Trusts
    Real Estate
    Real Estate Investment Trusts
    Real Estate
    Get the next $PCH alert in real time by email

    PotlatchDeltic Corporation (NASDAQ:PCH) announced today the tax treatment for CatchMark Timber Trust, Inc.'s (NYSE:CTT) dividend distributions made in 2022 on CatchMark's Common Stock (CUSIP# 14912Y202). In 2022, CatchMark paid a total of $0.15 per share in cash dividends prior to completing its merger with PotlatchDeltic Corporation on September 14, 2022.

    The following table summarizes the income tax treatment of the company's 2022 dividends.

    2022 Dividend Tax Reporting Information (Form 1099-DIV)

    Record Date

    Payable Date

    Distribution Per Share

    Non-Dividend Distribution

    02/28/2022

    03/15/2022

    $0.075

    $0.075

    05/31/2022

    06/15/2022

    $0.075

    $0.075

     

    Total

    $0.15

    $0.15

    This information is being provided to assist stockholders with tax reporting requirements related to the company's dividend distributions. Stockholders should review their Forms 1099-DIV as well as other 2022 tax statements that they received from their brokerage firms or other institutions to ensure that the statements agree with the information provided above. Stockholders are also encouraged to consult with their tax advisers as to their specific tax treatment of CatchMark dividends.

    About PotlatchDeltic

    PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns nearly 2.2 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 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/20230118005958/en/

    Get the next $PCH alert in real time by email

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